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Search results for Travel Wallet

Finance

Fintech posts record results as payment touchpoints expand, signs of loan curb easing

Major fintech firms posted strong first-half results as growth in payments and financial services lifted revenue and profit, with overseas payments and new businesses also expanding. Payment companies are widening links into daily life through merchants, local currencies and transport, while firms bundle payments with other services. As businesses grow, demands for soundness management rise. Separately, there are signs of partial adjustments to loan regulations, while bank lending volume controls continue.

Finance

Travel Wallet faces capital task ahead of 2027 Kosdaq IPO

Travel Wallet, which is seeking a Kosdaq listing in 2027, must further bolster equity as its prepaid balances have risen rapidly. South Korea\'s financial authorities required the company to increase capital and improve profitability through changes to its business structure. Travel Wallet said it can meet the management improvement standards within the deadline and that there is no change to its existing IPO schedule. The company has not disclosed its current equity or the amount of capital it needs to raise.

Crypto

Kiwoom Securities, Travel Wallet join forces on digital assets, embedded finance

Kiwoom Securities will work with global foreign exchange and payments platform Travel Wallet to seek new business in digital assets and embedded finance. The two companies signed a strategic memorandum of understanding on Aug. 5, they said on Wednesday. They plan to combine Kiwoom’s retail investment infrastructure with Travel Wallet’s digital wallet infrastructure to research next-generation digital asset businesses and develop embedded finance services.