In today’s FinTech news, digital banking startup Chime is looking at an estimated valuation of $40 billion as the FinTech gets ready for its upcoming stock market debut with Goldman Sachs at its side. Meanwhile, another newcomer to the digital financial services space, Save, is...
Shares of the Korean FinTech giant KakaoPay saw their biggest rise in two months after the company’s top three executives resigned at the same time Thursday (Jan. 20). As Bloomberg News reports, the departures of Kakao’s CEO, CFO and business chief placated investors who were...
Naver and Kakao, two of the largest online service providers in South Korea, are taking steps into financial services, pushing financial institutions (FIs) to better meet FinTech needs, according to The Korea Herald. Regulators now have the task of deciding whether to write rules that...
Today in payments around the world, Hong Kong’s Faster Payment System (FPS) averages $667.9M in daily transaction volume, and buy now, pay later (BNPL) firm Klarna launches an all-in-one shopping app. Plus, shares of South Korea’s Kakao pay soars over 150%, Dutch B2B marketplace Katanox...
January 21, 2022
Shares of the Korean FinTech giant KakaoPay saw their biggest rise in two months after the company’s top three executives resigned at the same time Thursday (Jan. 20). As Bloomberg News reports, the departures of Kakao’s CEO, CFO and business chief placated investors who were angry at the way the company sold off shares following […]
January 05, 2022
Naver and Kakao, two of the largest online service providers in South Korea, are taking steps into financial services, pushing financial institutions (FIs) to better meet FinTech needs, according to...
