The Southeast Asian fintech startup has been a dynamic landscape, with countries like China, India, Singapore, and Indonesia emerging as fintech hubs, each with unique strengths and focus areas. Besides, governments across Asia actively work on fintech regulations to balance innovation and consumer protection. In 2023, the industry attracted substantial investments, with strong financial inclusion […]

Alchemy Pay, a Singapore-based payment gateway that connects crypto and global fiat currencies, has secured $10 million in funding from DWF Labs, a prominent multi-stage web3 investment firm, to expand its payment business in Korea. The funding will be used to capitalize on the region’s high level of cryptocurrency acceptance and assist Korean enterprises in […]

After it successfully introduced crypto payment services to more than 3 million users and 150,000 merchants in Korea, Payprotocol AG has announced the expansion of Paycoin into the global crypto payments market in partnership with TripleA. With the signing of the memorandum of understanding (MOU) to seal the deal, both have agreed to collaborate in […]

A wide suite of financial services will now soon be available at the tip of fingertips. Kakao Pay announced its transition on Monday to an “all-encompassing mobile financial service platform”, ahead of its plan to go public on November 3. Alex Ryu, CEO of Kakao Pay, said they seek to maintain symbiotic relationships of mutual […]

The new accounting standards, diversification of sales channels, and constant deterioration of profitability have led to a fundamental transformation of the insurance industry. Keeping this in mind, CONCAT, a South Korean FinTech startup, is offering optimal financial services. CONCAT was founded in 2018 by a core engineering team with capabilities in deep learning and data […]

Bithumb Korea, one of the top global cryptocurrency exchanges in the world, announced the listing of FirmaChain’s FCT (FirmaChain Token) on the 7th of November. “Our goal is to continuously seek solid cryptocurrency exchanges where we can list FCT and fulfill our fiduciary duty to our investors. Moreover, we will further develop our electronic contract […]