Skrill — Hive

On 27 July 2001, Moneybookers Limited was incorporated in the United Kingdom.[5] In March 2007, Moneybookers was bought by Investcorp for €105 million[6] and as of 9 March 2009, it was put up for sale by its owners for an estimated £365 million.[7]

In February 2010, The Sunday Times ranked Moneybookers as the fastest growing private equity backed firm in the United Kingdom based on profits.[8] In 2011, the company's customer base reached 25 million, including 120,000 merchant accounts,[9] its payment gateway being integrated by a number of global online brands such as Facebook, Skype and eBay.[10][11]

In September 2011, Moneybookers announced that they would rebrand their service as Skrill.[12] The rebranding of the product was completed in 2013.[13]

In August 2013, CVC Capital Partners acquired Skrill for €600 million.[14] As of 2014, Skrill has been approved by the New Jersey Division of Gaming Enforcement (NJDGE) as the only sanctioned digital wallet for New Jersey internet gambling.[15]

In March 2015, Optimal Payments, the parent company of the Skrill's rival Neteller, announced its official proposal for acquisition of Skrill Group for €1.1 billion. The deal is to be finalized in the third quarter of 2015 according to the parties.[16] In April 2015, Skrill Group announced that it had completed acquisition of Ukash, its UK-based competitor.[17]