Search results for K.ONDA
Crypto
Danal to pursue JPYC payment cooperation with Line Next in Japan
Danal is working with Line Next to expand domestic real-world payments using JPYC, a digital asset linked to the Japanese yen. The company plans to build payment infrastructure connecting overseas digital wallets with South Korea’s consumer market and to broaden a global digital-asset payment ecosystem. Danal said it signed a strategic agreement with Line Next at LY Corp’s new Akasaka headquarters in Japan and aims to extend JPYC payment services across major Asian regions.
Finance
Danal partners World K-Pop Center to build K-pop payment ecosystem for foreigners
Danal will expand payment infrastructure linking K-pop experiences, auditions, lodging and wider cultural activities based on its foreigners-only prepaid card K.ONDA. The company said on May 19 it signed a strategic partnership with World K-Pop Center to build an integrated payment ecosystem covering K-pop experiences, training, auditions and cultural life. Danal plans to supply K.ONDA to foreign tourists visiting the center and related lodging, overseas broadcasters and education institutions.
Finance
Danal returns to net profit in Q1, eyes stablecoin and foreigner payments expansion
Danal said on Thursday its first-quarter consolidated revenue was 54.9 billion won and operating profit was 1.2 billion won. Net profit came to 2.4 billion won, swinging to a profit from a year earlier. The company said it maintained profitability in its existing payments business while expanding major commerce merchants and investing in new technologies such as stablecoin services and a foreigner payment platform.
