Tag: South Korea
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.
Alipay, Global Tax Free partner for new tax refund solution
Mobile payments platform Alipay has partnered with Global Tax Free to launch the ‘world’s first’ paperless mobile tax refund solution.
Viva Republica closes $40m funding from GIC, Sequoia China
South Korean-based Viva Republica has reportedly secured $40m in funding from GIC and Sequoia China.
Tera Funding closes largest Series A to a Korean P2P lending...
Tera Funding has closed a $9.3m Series A, the largest to be made to a Korean P2P lending company.










