July, August & September 2019
July 2019 / August 2019 / September 2019
South Korea’s startup news:
July 2019
- South Korea: Busan city proposes launch of local cryptocurrency with aim of both reviving the local economy and securing a position in the blockchain world
- South Korea: WeWork coworking giant opens fintech lab in collaboration with Seoul Metropolitan Government to host 14 fintech firms, with plans for expansion
- South Korea: An introduction to Startup News Asia in Korean – online content, publishing platform and mobile app-based startup news coverage
- South Korea: Shinhan Financial Group preps to launch more overseas startup incubator operations in Indonesia, the US and the UK, adding to its first in Vietnam
- Techstars Korea Accelerator launches with aim to boost 10 startups per year
- Samsung launches Blockchain SDK to provide full set of functions for Decentralized App or Blockchain App development
- South Korea: Kakao Pay mobile and digital payments firmm acquires Inbyu insurance platform startup in strategic move to enter insurance market
- South Korea: Riiid startup raises $18M with AI-backed tutoring and language learning solutions
- South Korea: An intro to Soodevie, aiming to enliven the Korean wine market
- South Korea: Grip secures $3M with livestream sales approach to ecommerce
South Korea’s startup news:
August 2019
- South Korea: An intro to ULikeKorea, livestock health care startup using an internal bio capsule to monitor an animal’s well-being
- South Korea: Blocko blockchain infrastructure provider secures $7.5M from major banks
- South Korea: KT telco giant partners Nongshim food/beverage management firm to develop blockchain-based food distribution ecosystem
- South Korea: PUBLISH Inc unveils blockchain-based ‘onchain’ news article notarization service in beta
- South Korea: Report suggests blockchain and crypto startups are listing overseas due to tough domestic cryptocurrency exchange market conditions
- South Korea: Fast Campus secures $8.46M with online learning growth in mind
- South Korea: Toss raises $64M in evolution from P2P money transfer service to full-range financial services platform with 13M registered users
- South Korea: An intro to the 15 startups from Seoul’s Guro District as they prep for October networking tour of Indonesia’s startup ecosystem
- South Korea: AFI Inc startup develops Backend, unique server focused on game developers
- UN report asserts that North Korea generated up to $2BN for weapons programs using cyberattacks to steal from banks and cryptocurrency exchanges
- Australian Gov’t Austrade releases Korean Startup Ecosystem Guide, providing an overview of Korea’s startup ecosystem, key industries, accelerators and more
- India: An intro to the 4 Indian startups shortlisted for South Korea’s K-Startup Grand Challenge 2019
- Vietnam’s Ministry of Science and Technology partners South Korea’s Seoul Startup Hub to launch a connection campaign for startup businesses
South Korea’s startup news:
September 2019
- Samsung’s new Exynos 980 mobile processor has a 5G modem built in
- South Korea: SK Securities financial services company partners Kasa Korea blockchain startup to develop a platform for tokenizing real estate
- South Korea: SM Entertainment, the country’s largest entertainment company, to develop blockchain-based coin-and-mainnet reward system for artists and fans
- South Korea’s Yanolja hotel bookings app acquires India’s eZee, gaining 21K clients and overseas presence
- South Korea: K-StartupWeek’s ComeUp2019 annual event for startups to be held in Seoul, November 27-29
- South Korean leg of TechFest Vietnam International set for November 1-6, aiming to boost awareness, investment and collaboration
- ICYMI: North Korea to hold 2nd cryptocurrency and blockchain conference, with aims for DPRK coin, ‘UN-less’ court system and a way around sanctions
- MHomecare platform takes win at Indonesia-Korea Startup Demo Day 2019
- South Korea’s Shinhan Financial Group partners CoHive coworking firm to launch Shinhan Future’s Lab Indonesia, providing market entry for Korean fintechs
