Fintech Archives | Be Korea-savvy
Lord Mayor of London Calls for Cooperation with S. Korea on Fintech

Lord Mayor of London Calls for Cooperation with S. Korea on Fintech

SEOUL, Feb. 12 (Korea Bizwire) – The Lord Mayor of London has called for increased cooperation with South Korea on fintech and green finance, the government here said Tuesday. Peter Estlin said South Korea and Britain should facilitate the new FinTech Bridge, a bilateral agreement launched in 2016 to make it easier for the two [...]

Ondot Systems Named One of North America’s Fastest Growing Companies in Deloitte’s 2018 Technology Fast 500™

Ondot Systems Named One of North America’s Fastest Growing Companies in Deloitte’s 2018 Technology Fast 500™

Santa Clara, California, Nov. 20 (Korea Bizwire) — Ondot Systems, the leading provider of Digital Card Services and Customer Empowerment Solutions, today announced that it was named by Deloitte’s Technology Fast 500TM as the fastest growing Silicon Valley FinTech company, and one of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech [...]

Kakao Pay’s Investment Products Sell Out on 1st Day

Kakao Pay’s Investment Products Sell Out on 1st Day

SEOUL, Nov. 20 (Korea Bizwire) — Kakaopay Corp., a South Korean mobile payment platform provider, said Tuesday that four investment products sold out in just four hours and 20 minutes on the first day of launch. On Monday, the company said it will launch a new service called Kakao Investment, allowing users to invest in [...]

S. Korea’s Bithumb Eyes U.S. Security Token Exchange

S. Korea’s Bithumb Eyes U.S. Security Token Exchange

SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s top cryptocurrency exchange Bithumb has signed a deal with a U.S. fintech company to set up a security token exchange in America, industry sources said Thursday. The agreement with SeriesOne calls for Bithum to invest in and provide technical support for the establishment of the envisioned security [...]

Rapyd’s Holistic Global FinTech Capabilities Surge

Rapyd’s Holistic Global FinTech Capabilities Surge

LONDON, Oct. 9 (Korea Bizwire) — Rapyd, a leading fintech platform bringing ubiquity and integration to global digital commerce, today announces new partnerships and client relationships that extend the reach and impact of its worldwide network. By building a global “network of networks” that spans five continents through physical and digital channels, Rapyd connects businesses [...]

President Moon Checks Out Next Generation Internet-Based Banking

President Moon Checks Out Next Generation Internet-Based Banking

SEOUL, Aug. 8 (Korea Bizwire) — President Moon Jae-in paid a visit yesterday to a conference to experience new innovations that are changing the fintech sector. The event at Seoul City Hall was held with the goal of vitalizing Internet-based banks. Moon participated in the conference which also showcased various examples of innovative fintech practices [...]

Further UHNWI Investment to Support FinTech Entrepreneur Zichain’s Growth and Innovation

Further UHNWI Investment to Support FinTech Entrepreneur Zichain’s Growth and Innovation

ZURICH, Switzerland, Mar. 21 (Korea Bizwire) — Zichain, a Switzerland-based digital asset management company, is pleased to announce that it has secured an USD 1.2m investment from a syndicate of UHNW Hong-Kong based investors, supporting further development of its unique cryptocurrency products. The deal was confirmed while the Company was participating at the Goldman Sachs [...]

FSC to Refrain From Restrictive Fintech Policies Following Criticism

FSC to Refrain From Restrictive Fintech Policies Following Criticism

SEOUL, Mar. 20 (Korea Bizwire) — Financial authorities will ease Fintech restrictions following criticism that South Korea has the most restrictive information protection policies in Asia. According to the Financial Services Commission on Monday, an opt-out policy will be introduced in the financial information sector to allow companies to collect data and improve data security for [...]

Olympus Labs Partners with Leading Korean Fintech Company Metaps Plus

Olympus Labs Partners with Leading Korean Fintech Company Metaps Plus

Gibraltar, Jan. 18 (Korea Bizwire) — Olympus Labs is quickly becoming an emerging global leader in the cryptocurrency-based financial product space, and on the heels of a successful token sale, Olympus is partnering with Seoul-based corporation Metaps Plus, a leading Korean fintech company and mobile marketing platform developer. This news comes shortly after the company [...]