South Korean B2B Fintech Webcash Group Receives $20.9M Investment from KT, a Major Telecom Firm
July 3, 2021 @ 9:42 pm By Omar Faridi
KT, one of South Korea’s largest telecom companies, reveals that it will be investing KRW 23.6 billion (appr. $20.9 million) into the operations of
Webcash Group. The investment will be part of a plan to form an alliance relationship for the B2B sector.
Webcash Group is a major B2B Fintech company that offers an embedded financial management system, an embedded bookkeeping platform, an expenditure management service, and a tax management software application.
In 2020, KT introduced the B2B solution, called “KT Enterprise” and also focused on the expansion of the B2B market. Meanwhile, the Webcash Group provides different B2B Fintech services.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Seoul Fintech Lab and Singapore Fintech Association Ends ‘Seoul Fintech Meet’ Successfully
December 23, 2020 GMT
XQuant CEO Chea Srun is pitching its service at the Seoul Fintech Meet 2020 hosted by Seoul Fintech Lab and Singapore Fintech Association. Seoul Fintech Meet was promoted to introduce Seoul to the world as an emerging global fintech city, and help Korean fintech startups in their global market entry. Fintech company XQuant is providing service to financial and market to market companies with TS-Expert Solution, a commercial program to extract, process, and save the necessary unstructured data by item in the non-standardized outside dealing contracts. (Graphic: Business Wire)