Korea

A Look into South Korea’s Booming E-Wallet Scene

South Koreans are increasingly going cashless as more people turn to e-wallets in South Korea for both online and offline purchases. Figures can attest of the rapidly growing trend with 2.12 million won (US$1,800) worth of mobile payment transactions being

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South Korea’s Banks Commit US$492.7 Million to Digitisation

South Korea’s banking industry is embracing digital transformation with 65.7% of the country’s financial institutions pursuing various business projects in regard to digitalization. These firms have committed a combined 584.5 billion won (US$492.7 million) this year towards such projects, according

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Korea Approves 9 Companies into its Fintech Sandbox

As part of its overarching grand plan to boost fintech in Korea, the Financial Services Commission of Korea announced the first batch of financial services providers into its financial regulatory sandbox. Among 19 applications shortlisted for priority review, 9 firms

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Top 10 Hottest Fintech Startups in South Korea

Though relatively small when compared with the likes of China and Singapore, South Korea’s fintech industry has witnessed significant growth in the past years with now some 400 fintech companies present in the country. The ecosystem’s rapid development has been

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5 Things South Korea’s Regulator is Doing to Advance Fintech

2019 promises to be an exciting year for fintech in South Korea as the country’s financial regulator pushes for fintech innovation by taking on a series of ambitious initiatives. It is already home to some promising fintech startups and vibrant

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Top 10 Fintechs in South Korea

South Korea’s fintech industry remains small compared to the likes of China or Singapore but the sector is expected to grow significantly in the years to come supported by the government’s commitment to boost development and establish a favorable environment

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Fintech Accelerators and Incubators in Taiwan, Japan and South Korea

In the past years, Asia Pacific has seen strong growth in its fintech ecosystem, rapidly catching up with the US and Europe. In Japan, Tokyo has witnessed the development of a vibrant fintech network and regulators have recently launched fintech-friendly

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Top 5 Fintech Startups to Watch in Korea in 2019

South Korea is well-known as one of the most wired countries in the world with good education and a top global economy. First, a quick look at why Korean fintech startups have blossomed and then five startups to watch in

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3 Reasons Why Korea is Shaping up to Be A Blockchain Hub

When talking to South Koreans, the word “blockchain” has become a household buzzword. Most people have heard of it via the mainstream local media, especially when there was a massive fervor around bitcoin and cryptocurrencies towards the end of 2017.

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Where to Buy Cryptocurrencies in South Korea

While the global cryptocurrency fervor has abated throughout the course of 2018 following bitcoin’s parabolic rise in the year prior, investors in South Korea into continue to trade cryptocurrencies via large cryptocurrency exchange gateways. In South Korea, there are a

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