Viva Republica has confirmed its preeminence in Korea's peer-to-peer payments space with rival provider PayPal joining existing investors in the company's $48 million Series C round
PayPal has made several attempts to take Venmo, its peer-to-peer (P2P) money transfer service, into South Korea but failed to gain traction due to the fragmented nature of the market. Meanwhile, local...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.