Dear Subscriber,

Our lead story in this newsletter is about global investments in fintech companies. Recent data shows that $9.62 billion has been invested in the Asia Pacific region, with the bulk of the money being pumped into Chinese ventures. The figure is more than double the amount invested last year ($4.26 billion) and much more than the amount invested in North American or European countries. We take a closer look at the figures and some of the key drivers of the investment.

Elsewhere in the newsletter, Samsung Pay celebrated its first anniversary by revealing that in its first 12 months it has processed 100 million transactions, whilst the wearable market welcomes another product as Visa’s contactless payments ring – which was given out to athletes at the Rio Olympics – goes on general sale.

Enjoy!

The Asia-Pacific region has seen a vast amount of money invested in its companies this year, according to the latest figures from Accenture. More than double the amount invested in North American ventures.

A year after its first launch, Samsung Pay has revealed that in that time it has processed 100m unique transactions in seven countries.

Visa’s contactless payment ring, worn by athletes at the Rio Olympics, is going on general sale.

Just as Visa is making the most of a popular sporting event, so too is MasterCard as the company has announced plans to introduce new payment technology to The Barclays gold tournament.