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PayPal backs South Korean P2P app maker Viva Republic
Viva Republic has picked up $48m in Series C round that saw participation from PayPal. Viva Republic is the parent company of South Korean peer-to-peer payments app Toss.
Ant Financial expands reach with $200m investment in Kakao Pay
Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao’s finance subsidiary Kakao Pay.
Viva Republica captures $23.7m to expand its services
South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss.
New gov platform in Korea to help FinTech startups develop apps
South Korea is developing a platform aimed at helping FinTech companies launch their apps faster.