Press Releases - Tuesday, March 19, 2013 17:40 - 0 Comments

World First recognised as one of the hottest FinTech firms in Europe

Foreign exchange specialist, World First, has been listed on the inaugural FinTech 50 Watchlist, a guide to game-changing technologies across Europe which are redefining financial services

London, 19th March – World First was included on the 2013 FinTech50 Watchlist, a shortlist of fifty companies in Europe that are redefining financial services through technology. The List, a collaborative project by The CEO Agenda, ICON Corporate Finance, Hotwire, Silicon Valley Bank and Fox Williams, is the first of an annual exercise to track one of the fastest moving sectors in technology.

The inaugural FinTech 50 Watchlist is based on the expertise of the Watchlist Panel, ten industry leaders from across the financial services and technology industry. The panel convened at the end of 2012 to debate and select the top companies that demonstrate the potential to become a ‘game-changer’ in FinTech or the competitive staying power to continue being one.

‘FinTech’ – financial technology – is a tremendous growth sector in Europe, and it’s not just the traditional players getting in on the act. Entrepreneurs and established companies from different backgrounds are using technology to transform financial services across the board: from consumer finance to payments to whole new verticals such as peer-to-peer lending and crowdfunding.

Jonathan Quin, CEO of World First, said:

“We are delighted to have been recognised on the FinTech 50 Watchlist. As a company we have always set out to achieve benchmarks for the industry. Through our industry leading online platform, World First Online, we’ve been able to develop faster international money transfers by utilising new systems, as well offering clients access to a raft of new analytics and insight, all easily accessible via their PC, laptops, tablets and other portable devices.

“The aim is to make the process of sending money overseas much easier and more customer-focused than it has been in the past. By developing new technology we’ve been able to offer our clients better service, year-on-year. And we aim to keep raising the bar as the company grows internationally.”