Just when you thought that Fintech was all about blockchain (at least, that's the focus of the media right now), an acquisition in the digital payments space comes along . 

FitBit announced earlier that it's bought assets comprising Coin's wearable payments platform. Coin also published a blogpost on the subject.

What will this mean?  Will I be able to track my fitness and make payments? Not yet... apparently there are no immediate plans to introduce the technology to its devices this year, but Fitbit "may" integrate it in future gadgets. This sounds likely, given the statement from the CEO below.