Prodigy Finance, a 'fintech' platform dedicated to offering loans and career advice to international students enrolled at top universities, has celebrated its 10-year anniversary in London with the launch of an impact report.

UniZest, an edtech banking solution for international students to the UK, is one of only 10 startups chosen by Barclays bank to be part of its Techstars incubator.

As fintech innovations spread across the globe, our way of life is changing. Buying a morning coffee with a wave of your watch, converting foreign currency online and sending money to someone on the other side of the world are all transactions that have become simple. And international education is one of the many global industries benefitting from the rise of fintech. Natalie Marsh reports.

UK universities could collectively be paying up to £80m as a result of the credit card transaction fees from international tuition payments, according to Western Union.