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23rd March 2015
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Headline News

The FinTech Innovation Awards saw 18 companies win top gong for their contribution to a rapidly growing industry. Here some of our winners share their success stories and expectations for the future.

FinTech Innovation Awards: we hear from our winners
 

The percentage of money transfers sent from mobile phones more than doubled in the 12 months to January 2015, according to new research from remittance specialist Azimo.

2014 saw remittances go mobile as number of transfers doubled
 
New Products & Technology

Apple is rumoured to have finally struck a deal with China UnionPay that will see a Chinese version of Apple Pay roll out in April.

Is Apple Pay on its way to China?
 

Visitors to the UK can now use their debit and credit cards to shop in their own currency, without dodgy exchange rates and extra fees, thanks to a new initiative from Global Payments.

Global Payments rolls out processor for overseas cards
 
VC

Razorpay is only the second Indian company to be selected for mentoring by Y Combinator, which has made a $120,000 investment in the payments startup as part of its three month accelerator programme in Silicon Valley.

Razorpay wins Y Combinator backing
 
M&A

Optimal Payments will buy Skrill Group for an enterprise value of around £800 million, as part of a plan to expand its online payment and digital wallet service.

Optimal Payments makes £800m deal to buy Skrill Group
 
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