Coinone (CEO & Founder: Kevin Cha) recently announced its strategic investment in Sentbe (CEO: Sung Wook Choi), a fintech money transfer service. Coinone is a fintech startup that…
Toss Raises $80 Million in Funding at a $1.2 Billion Valuation to Advance its Fintech Platform Growth & Global Expansion
Viva Republica, Korea’s foremost fintech startup and maker of financial services platform, Toss, today announced it has…
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Largest Lockscreen Media Platform Buzzvil Acquires India, Pakistan’s SlideApp
World’s largest mobile lockscreen media platform, Buzzvil, announced it has acquired India and Pakistan’s leading lockscreen…
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LINE and OWiN Sign Collaboration Agreement to Expand Mobile Payments in Japan
LINE Pay accelerates the push towards a ‘cashless society’ with QR code payment fees starting from 0% LINE and OWiN sign $10M…
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SoftBank’s portfolio favors Seoul over other Asian hubs
Today, CB Insights published its Global Tech Hubs Report, using the CB Insights platform to aggregate data around funding and…
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KT, A Global 5G Leader
On October 3rd, KT (CEO Chang Gyu Hwang) was awarded as the “Best Network Operator” during the “2017 5G Asia Awards” held in Marina Bay Sands, Singapore. Specifically, KT was…
Samsung Electronics Unveils its Premium Mixed Reality Headset ‘Samsung HMD Odyssey’
In collaboration with Microsoft, Samsung Electronics unveiled its premium mixed reality headset Samsung HMD(Head Mounted Display) Odyssey. Samsung HMD Odyssey will bring about a new…
Online English Education Platform ‘Mini School’ Attracts $0.4 Million from K-Cube Ventures
K-Cube Ventures announced on September 20th that it has invested in an online English education platform for kids, ‘Mini School’ (CEO: Wook Jeong). Jointly conducted with Plantree…
‘Data Solution’ Named as ‘$100 Billion Business Venture of 2017’
Data Solution (CEO Bok Tae Bae), a data integrated solutions company, was selected as the ‘$100 Billion Business Venture of 2017’ on September 25th. Organized by the Ministry of…
Ulsan Creative Innovation Center Now Accepting Applicants for Second U-STAR Generation
Ulsan Creative Innovation Center is now accepting applicants for their 2nd U-STAR generation startup. U-STAR is a program that provides accelerating programs for potential (prospective)…
Nexon Acquires Cryptocurrency Exchange Korbit at $80M
Nexon, Korea’s game giant, has acquired Korbit, one of the three major cryptocurrency exchanges in Korea. On September 26, NXC, Nexon’s holding company, announced its purchase of…
Data King Releases BideoMap 2.0, Big Data-based Spatial VR Service
Data King (데이터킹), known for its big data spatial service, released BideoMap 2.0 on October 1st. Proceeding the previous release in last December, this new version incorporates…
KT, Opens “5G LAND” at “2017 Ground Forces Festival”
KT (CEO Chang Kyu Hwang) announced to host the “KT 5G Land” event at the “2017 Ground Forces Festival” held at Gyeryong University in Chungchongnam-do from October 8-12th. This year…
SK Telecom Officially Opens ‘T.um’
On the morning of September 29th,SK Telecom (CEO Jeong Ho Park) held an official opening ceremony of ‘T.um,’ a state-of-the-art ICT experience center, located in the lobby of its Uljiro…
SparkLabs Ventures Launches $50M Fund for Early Stage Korean and Southeast Asian startups
A global startup accelerator SparkLabs established ‘SparkLabs Ventures,’ its newest venture capital (VC), announcing the beginning of full-scale startup investment with an opening…
Handys Wins “The Edge of 2017”
“Handys“, AirBnB’s comprehensive management service, was awarded the Grand Prize at “The Edge of 2017, Demo Day” held at Jeju Center for Creative Economy &…
The Latest Version of ‘MODUSIGN’ Available
Law-tech startup Lawoafactory (CEO: Young-jun Lee) introduced the latest version of its electronic contract service ‘MODUSIGN’ with upgraded text and checkbox input tools. By setting up…
CashFi Sucessfully Attracts Domestic and Foreign Pre-Seed Investment
CashFi, a reward-based global Wi-Fi sharing platform, has attracted (an undisclosed amount of) pre-seed investment from domestic and foreign investors. Investors included Korea’s BigBang…
Will 11street Malaysia be part of the battle between Alibaba and JD in SEA?
Earlier today, B2C e-commerce platform 11street Malaysia has been reported by Dealstreet Asia to be in acquisition talks with rivaling Chinese e-commerce giants Alibaba and JD. Citing…
After China, South Korea bans fundraising through ICO
Less than a month after China banned raising money through initial coin offering (ICO), its neighbour South Korea said it would also impose a ban on fundraising through all forms of…
Weekly Shirts: Now Available in the Entire Metropolitan Area
Weekly Shirts, clothing rental service startup, expanded its service coverage from a few selected cities to the entire metropolitan area. Launched in October 2016, Weekly Shirts had served…
Top 10 Korean startups of 2017 you don’t want to miss
Over the last 12 months, Korean tech sector continued to mature, with a steady flow of venture capital poured into fintech, real estate tech, healthcare, and travel industries, to name a…
Interview: Mental Health Counseling on Your Phone
Kim Dong Hyun had no doubt about starting his own business in his twenties. He sought to create his own service and deliver value to society. Kim’s business idea was to create a…
Kakao and Samsung Electronics Join Forces to Advance Voice Recognition and Artificial Intelligence
Kakao is working with Samsung Electronics to stimulate growth in the voice recognition market and advance in AI technology. Kakao announced that its AI platform Kakao I will be integrated…