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Product TypeInsight Report | Premium

Payment App Becomes Korea’s First Fintech Unicorn

On December 10, Toss became the fifth Korean unicorn startup, after its parent company, Viva Republica, announced that it raised an additional $80 million in funding, bringing total funding to $200 million and valuing the company at $1.2 billion. The new funding round was led by Silicon Valley-based venture capital firms Kleiner Perkins and Ribbit Capital. Previous funding came from PayPal, Sequoia and the Singapore Sovereign Wealth Fund Government Investment Corporation.

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Product TypeInsight Report | Premium

US Retailers Ready to Cater to Chinese New Year Shoppers with Mobile Payments

Many Chinese tourists are currently preparing to travel overseas during the Lunar New Year celebration, which begins on February 16 and runs through March 2 this year.In the US, hundreds of thousands of retailers and service providers are ready to cater to these tourists by offering them the mobile-wallet payment options they prefer, such as Alipay.

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