Tag: South Korea
Four South Korean crypto exchanges partner to combat money laundering
South Korean cryptocurrency exchanges Coin One, Upbit, Cobit and Bitsum have teamed together to combat money laundering.
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.
Line acquires cybersecurity startup GrayHash
South Korean messaging app Line Plus has acquired cybersecurity company GrayHash.
South Korean banks to use blockchain-based ID verification
South Korea is reportedly launching a new blockchain-based ID verification system for domestic commercial banks.
South Korea regulator to soften stance on cryptocurrencies
South Korea’s financial regulator is reportedly softening its stance on cryptocurrency trading, weeks after mulling a ban.
PayPal backs South Korean P2P app maker Viva Republic
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 expands reach with $200m investment in Kakao Pay
Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao’s finance subsidiary Kakao Pay.
Viva Republica captures $23.7m to expand its services
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.
New gov platform in Korea to help FinTech startups develop apps
South Korea is developing a platform aimed at helping FinTech companies launch their apps faster.
