Fintech

IPOs 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...

Regulations 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...

Upcoming IPOs 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...

Fintech 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 ...

IPOs 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...

ASK 2024 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...

Banking & Finance 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...

E-commerce 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 ...

Fintech 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...

Fintech 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...

Banking & Finance 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 ...

IPOs 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...

Fintech 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...

Fintech 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...

Tech, Media & Telecom 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...

Blockchain 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...

Korean startups 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...

Fintech 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...

Fintech 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...

Tech, Media & Telecom 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...

Mergers & Acquisitions 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...

The KED View 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 ...

Mobile networks 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...

Earnings 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 ...

Fintech 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 ...

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...

Fintech 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...

Fintech 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 ...

Korean startups 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...

Fintech 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...