SINGAPORE — Korean tech companies can quickly expand their presence in the global market by launching in Singapore, a financial hub for Southeast Asian countries, according to Reuben Lim, chief operating officer at Singapore FinTech ...
Seoul City is holding an investor briefing in Silicon Valley in the United States to provide insight into new businesses and investment opportunities in the Korean capital.
Blockchain and fintech company Dunamu is actively carrying out various environmental, social and governance (ESG) activities under a management philosophy centered on contributing to future generations.
Fintech companies will be regulated the same as traditional financial institutions, according to the Financial Supervisory Service (FSS)
The Financial Supervisory Service (FSS) will lean on the Korea Exchange and financial institutions to support fintech companies.
Eun Sung-soo, the Financial Services Commission (FSC) chairman, promised support to accelerate the innovation of digital finance and fintech companies, especially through it D-testbed, a regulatory sandbox exclusively for fintech start-ups.
The number of Paycoin users has broken 1 million as cryptocurrencies boom.
The price of paycoin, a cryptocurrency used on the payments and remittance app Paycoin run by Danal Fintech, rose by 2,700 percent on Wednesday after the announcement that the app will integrate bitcoin.
Major tech firms have started to competitively loan money to small business owners who used to be in a conventional finance blind spot.
Major financial groups vowed to strengthen their digital services in the new year as big tech companies like Naver and Kakao have emerged as competitors in the financial business and contactless services are crucial during the coronavirus pandemic.