Tag: South Korea

South Korea seeks lighter touch on FinTech investment regulations

The chief of South Korea’s Financial Supervisory Service (FSS) has revealed he is seeking to ease restrictions on financial firms’ investment in FinTechs.

Korea’s FSC unveils plans to reinvigorate KONEX market

South Korea’s Financial Services Commission (FSC) has announced a raft of measures aimed at revitalising the Korea New Exchange (KONEX) stock market.

South Korea unveils new ESG information platform

South Korea’s Financial Services Commission and the Korea Exchange have launched an integrated ESG information platform.

S2W secures $10m Series B to support rapid growth initiative

Cybersecurity company S2W, which was previously known as S2W LAB, has closed its Series B round on $10m.

Korean FSC to create virtual asset division in its financial intelligence...

South Korea’s Financial Services Commission (FSC) has revealed it is set to establish a virtual asset division within the Korea Financial Intelligence Unit (KoFIU).

Kakao Pay files for IPO on Korea Composite Stock Price Index

South Korea-based mobile payment company Kakao Pay has filed for an IPO on the Korea Composite Stock Price Index (KOSPI).

Streami closes strategic investment from Digital Currency Group

South Korea-based blockchain company Streami has closed a strategic investment from Digital Currency Group, a New York-based venture capital firm.

South Korea-based Qara said to bag $3m in funding

South Korea-based Qara, which has built an AI-powered robo-advisor, has reportedly raised $3m in funding, as it looks to release a new global stock trading service for individuals.

True Balance said to raise $28m in its Series D round

South Korea-based True Balance has reportedly collected $28m in its Series D round, as it expects to reach profitability next year.

South Korea-based RAI Finance nets $1.5m in funding

Blockchain-based decentralized finance (DeFi) protocol RAI Finance has reportedly closed a $1.5m strategic investment.

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