Tag: South Korea

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

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

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

Mobile payments platform Alipay has partnered with Global Tax Free to launch the ‘world’s first’ paperless mobile tax refund solution.

South Korean-based Viva Republica has reportedly secured $40m in funding from GIC and Sequoia China.

Tera Funding has closed a $9.3m Series A, the largest to be made to a Korean P2P lending company.

Viva Republic has picked up $48m in Series C round that saw participation from PayPal. Viva Republic is the parent company of South Korean peer-to-peer payments app Toss.

Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao finance subsidiary Kakao Pay.

South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss.