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372

Viva Republica finalizes consortium for internet-only Toss Bank

via The Korea Herald 

Viva Republica, operator of mobile payment app Toss, said Monday that it has finalized a consortium to establish Toss Bank, the third internet-only bank here.

The consortium will consist of Silicon Valley-based venture capital Altos Ventures, Goodwater Capital, Brazil’s Nubank, UK fintech player Revolut, and the Korea Electronic Certification Authority, the company said in a press release. (more…)

InspirAsia, Korea, Mobile-first banks

March 25, 2019

1521

Korea will pay to move your startup to Seoul — and why you should let them

By Nathan Millard for VentureBeat

 

At the start of 2015, I did something that would have seemed insane ten years earlier: I launched a startup in Seoul, Korea, as a Brit.

(more…)

Global trends, Government activities, InspirAsia

May 20, 2016

2010

Apple Pay Vs Samsung Pay

TechCrunch: Samsung has begun rolling out its answer to Apple Pay in Korea this week. The service is called Samsung Pay and it is powered by LoopPay, the Boston-based company that Samsung snapped up earlier this year. It’s due to launch in Korea and the U.S. first before expanding worldwide, but Samsung has nudged it into action with a pre-launch pilot program among Galaxy S6 and S6 Edge owners in its home country. (more…)

Fintech news, Mobile payments/banking, news

July 17, 2015

1724

War of Messengers

TECHINASIA: E-Marketer predicts that by 2018 there will be 200 million new smartphone users in emerging Asia. To put that into context, that’s more users than there are currently in the whole of U.S. The opportunity is huge for the developers of these apps, but also for brands to tap into their potential to participate in peer to peer conversation in an engaging and meaningful way. (more…)

Fintech news, InspirAsia, news

July 13, 2015

2319

Marvelstone and Life.SREDA to Co-Invest in S.Korean and Asian Startups

ASIA Outlook: The MoU between Marvelstone and Life.SREDA will strengthen startup capacities across Asia in the finance and technology sectors (more…)

Hotnews, InspirAsia, Korea

July 3, 2015

1701

South Korean Team Takes $2 Million Top Prize At DARPA Robotics Challenge

Fastcompany: South Korean Team Takes $2 Million Top Prize At DARPA Robotics Challenge. DARPA wants to inspire the creation of robots capable of disaster recovery. But there’s a long way to go and a lot of work still to do.

(more…)

Fintech news, InspirAsia, Korea, news

June 8, 2015

2291

FinTech Demo Day

Fintech Demo Day is the first event jointly hosted by Marvelstone PartnersLife.SREDA VC and Yozma Group Asia for the selected fintech startups to provide demo for panel of judges and investors in Korea. The purpose of this even is to search for competitive fintech companies in Korea and introduce the hosting VCs to the fintech industry and startups in Korea.  (more…)

Fintech news, InspirAsia, Korea, news

May 13, 2015