16 companies selected for IoM Fintech Innovation Challenge

16 companies from around the world have been selected for the Isle of Man's FinTech Innovation Challenge. 

Government says the challenge represents the next step in the Island's ambition to become a 'tech hub' for businesses looking to bring their ideas to market. 

The 16 successful businesses, chosen from 80 applications, will work to develop solutions to boost the Island's digital economy. 

Each company will showcase their solution to an audience of judges, industry experts and potential customers in July.