KakaoBank Corp., the five-year-old South Korean mobile-only bank, is prepared to raise $2.2 billion after pricing its initial public offering (IPO) at the top of a marketed range, Bloomberg reported Thursday (July 22). Established by Korea Investment Holdings and Kakao Corp., the bank, which is...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Worldpay’s work on payment technology for drones. In addition, Singapore-based Grab is rolling out new services in Thailand, and Indonesia’s FinAccel has notched $30 million in Series B funding. Singapore’s Grab...
May 08, 2022
Singaporean crypto FinTech platform Cake DeFi has announced a partnership with FACEIT, a U.K. platform for online gaming, that will go for millions of dollars, TechNode Global reported Friday (May 6). This will let users earn cash flow from their crypto, per the report. The collaboration will be facilitated by Pivot Agency and will see […]
July 22, 2021
KakaoBank Corp., the five-year-old South Korean mobile-only bank, is prepared to raise $2.2 billion after pricing its initial public offering (IPO) at the top of a marketed range, Bloomberg reported...