Search results for fintech
Crypto
Augustus raises $180 million led by Tiger Global, CEO says
Venture capital firm Tiger Global led a $180 million Series B funding round for banking startup Augustus, with Hummingbird, QED and founders of Nubank, Ramp, Circle and Deel also taking part. The company was valued at $1 billion. Augustus plans to use the funds to expand services for fintech firms and banks in Latin America, Southeast Asia, the Middle East and Africa. CEO Ferdinand Davitz said the company aims to improve access to dollars abroad.
Crypto
Payward partners with GTN to expand tokenised stock service xStock globally
Payward, the parent company of Kraken, is partnering with fintech infrastructure firm GTN to expand its tokenised stock service xStock worldwide. The companies plan to start with tokenisation of Hong Kong stocks and then broaden to overseas markets including Britain, Europe and South Korea. The partnership will also leave open the possibility of tokenising other asset classes. GTN will provide trading execution, custody and record-keeping infrastructure across more than 90 markets.
Crypto
LayerZero, Kita to support moving tokenised bank deposits on public blockchains
LayerZero and Kita have formed a partnership to support moving regulated commercial bank funds on public blockchains. LayerZero said it will combine its omnichain interoperability protocol with Kita’s compliance-built infrastructure. Institutions will be able to move funds for cash management and payments on the Kita network, Ethereum, Solana and Base. The partnership centres on the Kita stablecoin, a tokenised bank-deposit asset held through a licensed fintech platform.
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Games & Commerce
Naver-Dunamu merger hurdle eases as committee recommends amending enforcement decree
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Fintech
Hana Financial Group and FSS produce 54 young finance talents, total graduates reach 171
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Crypto
Calls grow to build trust infrastructure for corporate access to digital assets
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Finance
Webcash targets financial AI market, aims for 50 billion won revenue by 2030
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AI & Enterprise
South Korea speeds up agentic AI ecosystem drive to open one-agent-per-person era
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Crypto
Kakao Group, Circle cooperate on digital asset infrastructure including won stablecoin
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Finance
Korea Fintech Industry Association, FSS check payment risks and internal controls at electronic financial firms
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Crypto
South Korea government, ruling party step up push for digital asset framework law this year
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Crypto
Base nears launch of fully collateralised 1-to-1 tokenised stocks
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Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
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Crypto
ECB selects 36 companies to test digital euro ahead of 2027 pilot
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Crypto
Velocity raises $38 million in Series A to expand enterprise stablecoin infrastructure
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Crypto
Visa develops enterprise stablecoin management platform to support OUSD
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Crypto
Ark Invest buys another 220,000 shares of Circle, bets more despite slowing USDC activity
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Crypto
Optimism steps up Korea push, unveils ties with Dunamu, Toss and DB Financial Investment