Korea

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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Korea is Shaping up to Be A Blockchain Hub — Here’s Why

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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Top 5 Upcoming Fintech Blockchain Conferences in Korea

From Singapore to Korea, the Republic of Korea continues to make moves at becoming a hub in the digital finance and fintech blockchain space. Thus, it is no wonder that a plethora of Fintech start-ups emerges month after month. It

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Kakao’s Ground X Unveils Its Blockchain Platform Klaytn

Ground X, the blockchain subsidiary Kakao, often likened to the Korean version of WeChat; has announced the launch of the Testnet version of Klaytn. This move follows the trend of messaging apps going into blockchain with companies like Line launching it’s

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North Korea is Exploring Fintech and Blockchain

North Korea is exploring the possibility of introducing fintech services to its population with an initial focus on improved payments and mobile technology. Fintech has been growing rapidly around the world and yet there’s still no appreciable fintech services available

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Alipay Launches World’s First Paperless Tax Refund Service in South Korea

Alipay operated by Ant Financial Services Group, announced that it has partnered with Global Tax Free (“GTF”), a tax refund agency, to launch the world’s first paperless mobile tax refund function in South Korea. Alipay has consistently been at the

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Fintech In South Korea: Regulators Step In To Boost Innovation

South Korea’s financial regulator is planning to launch a regulatory sandbox to allow fintech startups to introduce new products and services without the need to comply with existing regulations. The move is intended to boost fintech development and came in

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SK Telecom, Hyundai Motor Company, Hanwha & Element AI Create US$45M Global AI Fund

Element AI, an artificial intelligence company that delivers groundbreaking AI solutions, today announced it has established a joint $45M fund with Korean conglomerates SK Telecom, Hyundai Motor Company, Hanwha. The new fund leverages each partner’s unique value and targets the

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The First ‘E-Residency Centre’ Will Open In South Korea

E-Residency is a digital identity issued by the Republic of Estonia that provides the freedom to run a global EU business entirely online. That provides a range of benefits to entrepreneurs around the world, but it also means that the

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