PYMNTS-MonitorEdge-May-2024

Korea

PayPal Leads $48M Round In Korea’s Viva Republica and Its Toss App
PayPal Leads $48M Round In Korea’s Viva Republica and Its Toss App
March 10, 2017  |  Mobile Commerce

Viva Republica, the developer of the financial services app Toss in Korea, has raised $48 million in a Series C round of funding that includes...

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Korea Testing Putting Change On Cards To Move To Coinless Society
Korea Testing Putting Change On Cards To Move To Coinless Society
January 11, 2017  |  Cash

Korea is gearing up to move to a so-called “coinless society,” with the central bank announcing plans to pilot a service in which consumers would...

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Korean Beauty Startup Memebox Raises $60M
Korean Beauty Startup Memebox Raises $60M
December 16, 2016  |  Retail

Korean online cosmetics and skincare startup Memebox recently announced it has raised an additional $60 million in funding only months after announcing a $66 million...

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Apple To Face Opposition From Seoul Firms Over Closed NFC
Apple To Face Opposition From Seoul Firms Over Closed NFC
September 13, 2016  |  Apple

Apple is about to face opposition from a group of Seoul-based financial technology firms that are gearing up to file a complaint with the Korean...

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UK And Korea Create FinTech Bridge
UK And Korea Create FinTech Bridge
July 25, 2016  |  International

With FinTech startups exploding on the scene, U.K. and Korea want to make it easier for both companies to invest in the financial technology sector, creating...

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Uber Black Back In Korea Following Regulatory Snafu
Uber Black Back In Korea Following Regulatory Snafu
November 12, 2015  |  International

Uber is making a comeback of sorts in Korea, having restarted its Uber Black service in that country. TechCrunch reported Wednesday (Nov. 11) that the...

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Ryanair Airlines’ Bank Account Hit With $5M Hack
Ryanair Airlines’ Bank Account Hit With $5M Hack
May 01, 2015  |  News

Cybercriminals aren’t just knocking the doors of next-door banks anymore, but now seem to have a found a seat at 33,000 feet. At least so...

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