Korean B2B fintech firm Dozn plans Kosdaq IPO for $202.5 mn market cap
South Korea’s business-to-business fintech service provider Dozn is planning an initial public offering on the Kosdaq in February for an estim...
Korea seeks to ease fintech ownership, crypto regulations
South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...
Rosy outlook for South Korean fintech IPOs in 2025
The South Korean fintech industry, which bloomed a decade ago, is poised to take the next step for the coming 10 years after prominent players began...
NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments
NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to ...
South Korea’s Viva Republica drops Korean IPO plan, seeks US debut
Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, has dropped its plan to go public in th...
KIC bets on AI-driven value creation: CEO
Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...
Shinhan Card launches debit cards for foreign residents in S.Korea
South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...
Alipay’s rise puts Korea on alert to private data breaches
South Korean fintech companies' customer data transfers to Alipay, a Chinese payment platform, are setting off private data breach alarm bells amid ...
BalanceHero sees record high H1 sales in India
BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...
Webcash Global, BC Card Vietnam partner on B2B fintech
Webcash Global, an affiliate of South Korea's Webcash Co., announced on Tuesday that it has recently signed a business agreement with BC Card Vietna...
Woori Financial opens DinnoLab Vietnam Center
South Korea's Woori Financial Group announced on Wednesday that it has opened the DinnoLab Vietnam Center in Hanoi.DinnoLab is a program by Woori ...
Fintech platform operator Viva Republica revives IPO plan
Viva Republica Inc., the operator of South Korea’s fintech platform Toss, has revived plans to go public after pushing back its stock market d...
S.Korea's FNS Value to enter Malaysian fintech market
South Korea's FNS Value announced on Thursday a collaboration agreement with the Malaysian big data technology company Big Dataworks. The two compan...
Kakao Pay’s tie-up with Alipay spurs growth in China
BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...
Kakao Mobility to collaborate with Indonesia on digital economy
South Korea's Kakao Mobility announced on Tuesday that it is discussing ways to collaborate on building the digital ecosystem with major platform co...
FNSValue, UN agency to provide passwordless authentication for fintech
South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...
Korea Credit Data raises $75.7 million from Morgan Stanley
Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...
SK C&C to release Kospi-focused AI investment strategy service
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...
Samsung, 4 Korean banks to foster financial software engineers
Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...
Webcash to accelerate overseas expansion as B2B fintech
South Korea's Webcash Group announced on Tuesday that it will enter the overseas market with its B2B fintech and software-as-a-service (SaaS) soluti...
Korea's Kakao Pay to buy 51% of US financial firm Siebert
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...
In South Korea, innovation is subject to regulatory approval
In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...
Network usage fees likely to take center of debate at MWC2023
Major participants in the mobile world congress (MWC) 2023 such as Google Inc. and Netflix Inc. are expected to discuss telecommunications network f...
Fintech firm Kakao Pay logs first yearly net profit in 2022
Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., posted a net profit last year for the first time since its ...
WeMade signs partnership deal with global fintech Hashkey
South Korea's game publisher WeMade Co. said on Friday that it had signed a strategic alliance with Hashkey Group, a Hong Kong-based global fintech ...
Korea's Webcash to expand B2B fintech solutions in Cambodia
Webcash Co. a leading business-to-business (B2B) fintech solutions provider in South Korea, said on Thursday its Cambodian affiliate KOSIGN and Phno...
South Korea doubles gov't fintech innovation fund to $781 million
The South Korean government will double the value of its Fintech Innovation Fund, a source of financial support for the financial technology or fint...
South Korea to boost fintech fund to 1 trillion won
South Korea's financial authorities have decided to increase the size of the Fintech Innovation Fund from 500 billion won($379 million) to 1 trillion ...
Fintech co. Awake Corp. provides financial management tool to creators
South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...
Korean fintech sector struggles amid liquidity drought
A three-year-old South Korean fintech company is having trouble raising money through a Series B funding round as investor sentiment on the sector h...
