Tag: South Korea

Viva Republica said to raise $173m in new investment round

South Korea-based peer-to-peer money (P2P) transfer platform Viva Republica has reportedly raised $173m in a new funding round.

FacePhi receives €200,000 to support launch in South Korea

FacePhi Biometrics has received a €200,000 investment from COFIDES to help strengthen its implementation in South Korea.

ICONLOOP has received its first venture capital investment

ICONLOOP, a decentralized ledger solution for digital identity, has received its first venture capital investment.

The way cryptocurrency exchanges are regulated in South Korea is about...

South Korea’s Financial Services commission has announced plans to change how it regulates the country’s cryptocurrency exchanges.

South Korea eyeing to grant more virtual banking licenses

South Korea's Financial Services Commission will continue to grant preliminary approval for digital banks.

SoftBank invest €900m in Wirecard amid east Asian expansion

Payment processing platform Wirecard has secured a €900m investment from SoftBank, as they enter a strategic partnership to expand in the East Asian markets. SoftBank...

South Korea launches financial regulatory sandbox

South Korea’s Financial Services Commission (FSC) has launched its financial regulatory sandbox. A preliminary application for the sandbox was launched in January and received 105...

Korea’s FSC to prioritise FinTech innovation for 2019

Korea’s Financial Services Commission (FSC) has prioritised FinTech innovation for 2019 after the country has established the ‘groundwork’ with regulatory, budgetary and institutional support.

P2P lender PeopleFund bags $11m in Series B

South Korea-based PeopleFund, a P2P loan platform, has raised $11m in its Series B round of funding.

Bithumb said to sell 50% stake to BK Global Consortium

South Korea-based Bithumb has reportedly sold a 50 per cent stake to BK Global Consortium.

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