MoonPay Partners with Finger to Create Korean Won Stablecoin Ecosystem
MoonPay and Finger: Pioneering a New Stablecoin Ecosystem in Korea
In a strategic move to solidify the future of digital payments in South Korea, MoonPay, a leading global cryptocurrency payment network, has announced a significant investment in Finger, one of the country's pioneering fintech companies. This collaboration, valued at approximately KRW 110 billion (around $76 million), also includes prominent partners such as Sungho Electronics and Pantos Holdings. Together, they aim to build a robust ecosystem for a Korean won stablecoin, encompassing everything from issuance to practical applications in everyday transactions.
Founded in 2000, Finger has established itself as a key player in the fintech landscape of Korea, providing technology that underpins the mobile banking applications millions rely on daily. Its impressive list of clients includes major banking institutions like Shinhan Bank, KB Kookmin Bank, and KakaoBank, as well as public institutions such as the National Pension Service. The company's flagship offering, known as
Topics Financial Services & Investing）
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