Best Payments Companies in South Korea
The 103 best Payments companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Toss.
South Korea's Payments sector has real weight behind it: 103 companies tracked, $2.6B in total disclosed funding, and one unicorn anchoring the whole field. Toss leads by a wide margin at $1.2B raised, which tells you something about how concentrated capital gets when a market picks a winner. Chai sits second at $120M, ShinhanCard at $60M, and Payhere at $35M. The global payments market was valued at roughly $511.9B in 2022 and is forecast to reach $847.6B by 2027 at an 8.9% CAGR, driven by open banking, contactless adoption, and blockchain integration. Gaps in regulation remain a structural factor worth watching, particularly as faster payments infrastructure scales across the region.
So what does this directory actually give you? A ranked view of the companies attracting real capital, not just press. I'd note that active investors here, DSC Investment, SBVA, and Shinhan Venture Investment among them, tend to back infrastructure plays over consumer novelty. Hot themes right now include faster payments systems and digital banking innovations, and flight disruption payment disputes are surfacing as a pressure point globally that will ripple into compliance frameworks here. The funding data is disclosed and validated. The rankings reflect momentum, not hype.
Our analysis of 150 Payments companies
$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Payments companies in South Korea
| # | Company | Last round | Disclosed funding | Employees | Founded | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | agencomm Agencomm is a company that manufactures and supplies smart card tape, providing innovative solutions for… | — | — | 75 | 2014 | — | — | 13 patents Advanced smart-card IC design and plating manufacturing technologies. | — |
| 2 | Allink Developer of NFC-based payment system designed to provide virtual reader and scanner solutions to support… | — | — | 13 | 2019 | — | — | 53 patents NFC-based mobile financial transactions and vehicle access control systems | — |
| 3 | APTi Provider of SaaS-driven payment management solutions for property managers | — | — | — | 2008 | Byung-in Choi CEO | Reactstyled-componentscore-js+9 | — | — |
| 4 | BCcard White label payment card issuer | — | — | 121 | 2002 | Chae Jong Jin CEO | JavaAdobe Client Data LayerJsObservable+11 | 269 patents Digital payment platforms, loyalty/coupon management, NFT-based services, and AI-driven content generation | — |
| 5 | BITEL PoS Suite for merchants | — | — | — | 1992 | Waleed Sadek CEO & MD | — | 11 patents RFID-enabled logistics pallets, reusable container tracking, and secure smart remote interfaces | — |
| 6 | bixolon Bixolon Co., Ltd. is a global printer manufacturer of POS Printers, Label Printers & Mobile Printers. | — | — | 109 | 2002 | — | PHPVimeoBrightcove+16 | 241 patents Advanced paper-type detection and handling for thermal and kiosk printing systems | 2 launchs |
| 7 | Bluebird Mobile Computer Manufacturer | — | — | — | 1995 | Jangwon Lee CEO | — | 78 patents Secure mobile payment terminals and RFID-based transaction hardware solutions | — |
| 8 | bossbook.kr Card sales management software for businesses | — | — | — | 2019 | Jang Ho CEO | — | — | — |
Top 12 Payments companies in South Korea
#1
Series B · Seoul, Seoul · founded 2019 · 64 employees$35.4Mraised▾
App-based payment management solutions for businesses. The platform provides POS solutions through a mobile app. It provides table management services, order and history management, sales analysis, and a lot more. The app is available on both Android and iOS platforms.
- Aug 2024Series B$11.3M
- Apr 2023Series B$15.3M
- Mar 2022Series A$9.9M
- Dec 2021Series A$8.4M
#2
Toss 🦄Series G · Seoul, Seoul · founded 2011 · 1900 employees$1.2Braised▾
Provider of an app-based platform for banking investment and insurance management. It provides users with a platform that offers solutions such as money transfer, payment splitting, QR code scanning, card management, and more. It helps users check credit scores, credit payment status, and loan recommendations. It enables users to track income and expenses for financial reporting. It offers a multi-investment and portfolio management platform for real estate, stocks, bonds, mutual funds, and securities. The app is available for Android and iOS platforms.
- Dec 2022Series G$174.6M
- Jul 2022Series G$228M
- Jun 2021Series F$410M
- Aug 2020Series E$173M
#3
Series C · Seoul, Seoul · founded 2018 · 59 employees$31.3Mraised▾
Provider of multi-currency payment cards and related digital financial services. It offers a card for loading various currencies and conducting fee-free transactions. The card supports multiple currencies, enabling users to manage their funds. Features include currency exchange, refunds, and peer-to-peer transfers. It also provides benefits related to travel insurance and online shopping.
- Jun 2024Series C$10M
- Apr 2023Series C—
- Mar 2023Series C$15.1M
- Jul 2020Series A$6.2M
#4
Seed · Seongnam-si, Gyeonggi-do · founded 2021 · 21 employees$1.8Mraised▾
Prepaid cards for children of different age groups. Provides smart spending habits by automatically recording, managing, and analyzing pocket money with online payment, and simple pay payment solutions for children. Enables children to manage money to build financial knowledge.
- Jul 2024Seed$1.8M
#5
Series C · Seoul, Seoul · founded 2002$60Mraised▾
Online platform for consumer loans. Its services include credit loans that enable individuals, corporations, and public institutions to pay for goods or services within certain credit limit through credit cards, cash advance services, installment products for the payment of goods and services that customers cannot afford to pay in a lump sum, credit card and disaster loans, and automobile finance leasing services, and more.
- Oct 2023Series C$60M
- Nov 2019Grant (prize money)$295K
#6
Series B · Seongdong, Sudogwon · founded 2019 · 121 employees$120Mraised▾
Chai provides a digital wallet for consumer payments. It is an app-based online payment platform for consumers. Users can pay by scanning QR codes, personal IDs, and account numbers. It also offers multiple coupons and discounts on purchase. The app is available on both Android and IOS platforms.
- Dec 2021Series B$45M
- Dec 2020Series B$60M
- Feb 2020Series A$15M
#7
Series A · Seoul, Seoul · founded 2020 · 11 employees$2.6Mraised▾
Buy now and pay later solutions for businesses. Provides deferred payment solutions for businesses, and uses machine learning-based credit evaluation that fundamentally solves the financial liquidity problem, enabling SMEs to have completely digitized payments in the b2b market.
- Feb 2024Series A$1.3M
- Nov 2021Seed—
- Seed—
#8
Series D · Seongnam-si, Gyeonggi-do · founded 2019 · 246 employees$675.9Mraised▾
Provider of online payment, loan, insurance, card, security, and real estate. It facilitates online payment services. It also provides access to loan, insurance, card, security, and real estate services.
- Dec 2019Series D$675.9M
#9
Public · Seongnam-si, Gyeonggi-do · founded 2012 · 1114 employees$332Mraised▾
Kakao Pay provides a digital wallet for consumer payments. Its services include online/offline purchases, money transfers, bill payments, mobile recharges, and more. It also provides a dashboard for transaction monitoring and expense management.
- Jun 2020Series D$132M
- Feb 2017Series C$200M
#10
Series A · Seoul, Seoul · founded 2018 · 25 employees$9Mraised▾
Blockchain-based enterprise financial infrastructure solutions and related services. It delivers tools for tokenized asset management and cross-platform settlement. It offers platforms for building blockchain solutions and optimizing artificial intelligence frameworks. The company also provides security verification tools for smart contracts and solutions for programming fund usage.
- Dec 2022Series A$4.5M
- Apr 2022Series A$4.5M
#11
Series B · Seoul, Seoul · founded 2019$45Mraised▾
Unified payment solutions for businesses. It helps businesses to start accepting online payments. Businesses can easily integrate, manage and analyze payments via multiple payment methods across the globe. It offers a single API for all payment methods, offers payment links, payout options, and more.
- Dec 2021Series B$45M
#12
Series B · Seoul, Seoul · founded 2013$1.2Mraised▾
InstaPay is a mobile payment app that allows to shop and pay directly from the mobile app. The app also allows to make peer-to-peer money transfer. It was the winner in Citi mobile challenge, 2015.
- Jun 2020Series B$1.2M
- 2016Series A—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.