Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE SOUTH KOREA EDITION 2026

South Korea’s
fintech industry,
in focus.

The companies, capital and talent shaping fintech in South Korea. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Fintech Industry Landscape of South Korea
KR
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Fintech illustration
MEET THE COMPANIES

Explore South Korea’s fintech leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Fintech company highlights in South Korea, snapshot 2 September 2026
Company
Tosstoss.im$1.25B—1,900Financial figure available in RadarView in Radar
Naver Financialnaverfincorp.com$675.88M—246—
KakaoBankkakaobank.com$448M—1,386Financial figure available in RadarView in Radar
Kakao Paykakaopay.com$331.97M—1,114Financial figure available in RadarView in Radar
Carrotcarrotins.com$226.48M—300—
Woori Cardwooricard.com$200M———
Toss Banktossbank.com$154M3 roles464—
Chaichai.finance$120M—121—
Danaldanal.co.kr—2 roles255—
KPSCkpsc.kr—2 roles——
Kona SLkonasl.com—2 roles——
Travel Wallettravel-wallet.com—2 roles59—
GmoneyTransgmoneytrans.com—1 roles36—
People\'s Fundpeoplefund.co.kr—1 roles125Financial figure available in RadarView in Radar
Toss Paymentstosspayments.com—1 roles165—
Hana Cardhanacard.co.kr————
Hanwha General Insurancehwgeneralins.com——2,974—
Heungkuk Fire & Marine Insuranceheungkukfire.co.kr——898—
Hyundai Cardhyundaicard.com————
KB Securitieskbsec.com———Financial figure available in RadarView in Radar
Kbankkbanknow.com——425—
Paywatchpaywatch.co.kr————
Samsung Cardsamsungcard.com——2,001—
ShinhanCardshinhancard.com————
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Fintech industry KPIs in South Korea

A few useful ratios bring the size of this ecosystem into perspective.

2 September 2026
Hiring participation2.6%

12 of 459 tracked companies have open roles.

Funding participation17.0%

78 of 459 tracked companies have a recorded round.

Top 3 funding share55.4%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$8M

Midpoint of 107 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 55.4% of disclosed capital, while 83.0% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How South Korea fintech has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

South Korea fintech
$0$362.49M$724.97M$1.09B$1.45B2016: $34.4M20162017: $264.67M20172018: $273.93M20182019: $1.27B20192020: $438.83M20202021: $900.09M20212022: $552.15M20222023: $413.52M20232024: $65.05M20242025: $35.51M2025
View the numbers
Annual fintech funding and company formation in South Korea
YearFunding (USD)FoundedRaising
2016$34.4M347
2017$264.67M456
2018$273.93M2710
2019$1.27B5115
2020$438.83M3415
2021$900.09M3114
2022$552.15M215
2023$413.52M89
2024$65.05M512
2025$35.51M45
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Toss29.1%
  • Naver Financial15.8%
  • KakaoBank10.5%
  • Other companies44.6%

Funding by stage

147 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel49 33.3%
Series A–B63 42.9%
Series C+ / PE29 19.7%
Grants, debt & other6 4.1%

Recent recorded rounds

Latest recorded rounds · USD
1 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series F06/2021
Tosstoss.im$410M

Backed by Alkeon Capital Management and Korean Development Bank and others.

Series G07/2022
Tosstoss.im$228M

Backed by Altos Ventures Management and Goodwater Capital and others.

Series G12/2022
Tosstoss.im$174.63M

Backed by Tonic and Altos Ventures Management and others.

Series E08/2020
Tosstoss.im$173M

Backed by Aspex Management and Kleiner Perkins and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for South Korea; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for South Korea; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the South Korea companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

30 of the 459 companies on this page carry a measured traffic record (6.5%); these are the largest of those, by monthly visits. The median among them is 565,207 visits.

CompanyMonthly visitsAuthorityMobile
Kakao Paykakaopay.com10,867,2314586.2%
Tosstoss.im10,059,0045879%
ShinhanCardshinhancard.com8,825,0195384.4%
Samsung Cardsamsungcard.com4,257,3405086.9%
Hyundai Cardhyundaicard.com3,762,8735269.7%
Kbankkbanknow.com3,677,7864398%
Hana Cardhanacard.co.kr2,667,7324871.8%
KG Inicisinicis.com2,617,7853350.9%
KB Securitieskbsec.com1,812,2204273.4%
DB Insurancedirectdb.co.kr1,675,5754284.9%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

159 of these companies (34.6%) publish at least one Android app — 281 apps in all, carrying 456.9M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q3–2026Q1).

SegmentAppsInstallsLeading appRelease trend
Payments147319.2MToss 43.6M
Banking Tech25111.5M카카오뱅크 34.9M
Alternative Lending3262.5M신한 SOL페이 - 신한카드 대표플랫폼 29.2M
Internet First Insurance Platforms3142.3MKB손해보험 공식앱 (대표+다이렉트 통합) 6M
Banks214.8M케이뱅크 14.7M
Cybersecurity87.6M(구)시티즌코난 - 피싱아이즈 폴리스,보이스피싱,스미싱 6.9M
Regtech77.6MAny OTP 302.7K
Security & Surveillance Technology57.3MAnyAUTH 147.5K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q2: 22023Q2: 12023Q22023Q3: 42023Q3: 62023Q32023Q4: 22023Q4: 112023Q42024Q1: 32024Q1: 52024Q12024Q2: 12024Q2: 12024Q22024Q3: 42024Q3: 72024Q32024Q4: 32024Q4: 62024Q42025Q1: 22025Q1: 22025Q12025Q2: 22025Q2: 22025Q22025Q3: 42025Q3: 272025Q32025Q4: 22025Q4: 292025Q42026Q1: 12026Q1: 292026Q1

Darker bars are new releases, lighter bars apps updated. 148 of 281 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The South Korea fintech market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Consumer digital223
Enterprise tech200
Enterprise software88
Blockchain in financial services56
Blockchain56
Business payments solutions55
Nbfc lenders48
Commerce enablers47
Saas34
Marketplaces33
Crypto trading platforms31
Online trading platforms20

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Consumer digital

The largest measured segment in this report snapshot.

223companies
1.8%have hiring activity

4 companies hiring · $3.25B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription311
Commission on transaction288
E-commerce - service94
Fee-for-service88
Lending44
E-commerce - product22
Advertising18
Physical commerce13
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
IPO activitynaverfincorp.com ↗

In an April 15 filing, the companies outlined plans to move toward listing Naver Financial on the stock market.

Funding roundspaywatch.co.kr ↗

Fintech firms like Paywatch and Funding Societies underscore the sector's appeal, with recent rounds exceeding $20 million each to expand digital lending and payments.

IPO activitytoss.im ↗

South Korea financial app Toss is planning for a United States IPO in 2026 to raise $2.5 billion at $15 billion valuation.

Funding roundshabitfactory.co ↗

Habit Factory, a Seoul, South Korea-based AI-driven fintech company, has raised ₩35 billion in Series D funding.

Mergers & acquisitionsdirectdb.co.kr ↗

Tiptree Inc. (NASDAQ: TIPT) has agreed to sell its crown-jewel subsidiary, The Fortegra Group, Inc., to South Korean insurer DB Insurance Co. Ltd. (KRX: 005830) for approximately $1.65 billion in an all-cash deal.

Funding roundsinstapay.kr ↗

On the fintech front, Instapay, a digital payments startup based in India, raised $3 million in a Series A2 funding round to grow its services and expand into new countries.

Mergers & acquisitionsgmeremit.com ↗

Radio frequency communications specialist GME has announced its acquisition of defence electronics company Eylex.

IPO activitykbanknow.com ↗

Kbank, an online bank competing with Toss Bank, suspended its second attempt at an IPO on Oct. 18 due to low demand.

Regulatorylottecard.co.kr ↗

The state-run Personal Information Protection Commission has already imposed a $64 million fine on the firm over the incident.

Earningskbsec.com ↗

KB Kookmin Bank and KB Securities accounted for more than three-fourths of the group's earnings as their net incomes amounted to $2.62 billion, up 21.7% year-on-year.

Full recorded event mix

Top 10 categories among 69 recorded events in the 24-month window.

Earnings
16
Mergers & acquisitions
10
Company announcements
8
Leadership moves
7
Regulatory
7
New products
7
IPO activity
5
Funding rounds
4
Board Updates
2
Lawsuit
1
3 activity cards

Swipe or scroll horizontally to browse.

Product launches

Products, platforms and features in the recorded window

KakaoBank ↗
generative AI-powered money transfers

Money Transfer

KakaoBank ↗
AI-powered group account feature

Group Account Management

Kbank ↗
AI-based customer support assistant

Customer Support

Toss Bank ↗
AI risk identification for self-employed borrowers

Risk Assessment

Regulatory events

8 recorded events

Lotte Card ↗

fined $64 millionPersonal Information Protection Commission

Lotte Card ↗

suspended business operations for 4.5 monthsSouth Korea’s Financial Supervisory Service

Financial Supervisory Service (FSS)

pending approvalFair Trade Commission

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
Naver Financial→dunamuAnnounced2026-06-30Not stated in snapshot
DB Insurance→Fortegra GroupAnnounced2025-12-29$1.6B
GME→eylexAnnounced2025-03-17Not stated in snapshot
SkyLake Equity Partners→Business on Communication ↗Announced2024-07-25$258.0M
Kakao Pay→Siebert FinancialAnnounced2024-05-04$17.0M
jb financial group→Hanpass ↗Announced2023-12-21Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

0 postings in the preceding 12 months. The full 1-posting snapshot covers 1 employers.

Expand panel +

Most advertised job titles

Technology Operations Developer, Payments Technology1
0 internship postings

0 tracked postings mention remote work.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

201 founders and chief executives across 169 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

12 profiles with education records.

Stanford University
4
INSEAD
2
Carnegie Mellon University
1
Columbia Business School
1
Wharton School
1
Harvard University
1
University of Pennsylvania
1
University of California (Berkeley)
1

Prior employers

4 profiles with prior-work records.

Morgan Stanley
2
McKinsey
1
Boston Consulting Group
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

271,799 articles in the measured 12-month window.

Expand panel +
271,799articles in the measured year
47,791articles in 2026Q1
32.1%positive tone in the latest complete year

News volume trends

Fintech coverage across South Korea · articles per complete quarter

038,32776,653114,980153,3062021Q2: 29,2872021Q22021Q3: 32,5722021Q4: 29,8062022Q1: 35,7412022Q2: 34,4222022Q22022Q3: 36,5902022Q4: 53,7862023Q1: 49,0042023Q2: 46,6202023Q22023Q3: 53,3762023Q4: 42,4242024Q1: 50,5072024Q2: 55,4612024Q22024Q3: 55,4732024Q4: 68,3042025Q1: 78,6042025Q2: 52,3262025Q22025Q3: 133,3102025Q4: 42,7562026Q1: 47,7912026Q1
View quarterly article counts
QuarterArticles
2021Q229,287
2021Q332,572
2021Q429,806
2022Q135,741
2022Q234,422
2022Q336,590
2022Q453,786
2023Q149,004
2023Q246,620
2023Q353,376
2023Q442,424
2024Q150,507
2024Q255,461
2024Q355,473
2024Q468,304
2025Q178,604
2025Q252,326
2025Q3133,310
2025Q442,756
2026Q147,791

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
43,983 positive · 30,780 neutral · 23,682 negative
2022
70,454 positive · 48,409 neutral · 41,513 negative
2023
87,974 positive · 60,548 neutral · 42,764 negative
2024
86,107 positive · 95,537 neutral · 47,935 negative
2025
98,644 positive · 150,748 neutral · 57,451 negative

Leading coverage topics

Fintech coverage across South Korea · ranked by full-period article count.

International And Transnational Geographic Entities300,190 articles in the full recorded period
108,052 recent · 81,361 prior
Geopolitical Disputes And Contested Areas300,186 articles in the full recorded period
108,049 recent · 81,361 prior
Administrative And Political Subdivisions300,169 articles in the full recorded period
108,047 recent · 81,349 prior
International Political Relations23,769 articles in the full recorded period
5,607 recent · 5,651 prior
Security And Defense Policies18,285 articles in the full recorded period
4,172 recent · 4,591 prior
International Relations And Diplomacy16,235 articles in the full recorded period
3,199 recent · 3,761 prior
Trade Policies And Agreements12,604 articles in the full recorded period
6,542 recent · 3,853 prior
International Sports Competitions12,362 articles in the full recorded period
2,684 recent · 1,999 prior
Cryptocurrency Impact On Forex Markets9,849 articles in the full recorded period
3,431 recent · 1,555 prior
Military Technology Advancements6,414 articles in the full recorded period
1,047 recent · 1,373 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Fintech coverage across South Korea

KeywordRecentPriorChange
countries4,1751,848126%
bilateral trade1,30386052%
trade facilitation commitments64545043%
stablecoin fx impact49894430%
summit diplomacy49828376%
study overseas447178151%
oil price volatility42865558%
bilateral trade terms42629743%
overseas study391172127%
trade finance35724844%
aircraft wreckage84670-87%
aircraft emergency procedures59549-89%
olympic team selections298502-41%
flight safety measures71492-86%
korean dmz clashes165384-57%

Event and signal lenses

Fintech coverage across South Korea

All complete annual cohorts shown
Rising

Regulatory Risk

549,183 classified articles

territories, disputed islands, countries

15.1% critical · 9.9% positive
Rising

Funding Momentum

26,487 classified articles

quarterfinals, world cup, pre-ipo valuation

42.8% critical · 44.8% positive
Rising

Growth

97,076 classified articles

gdp growth rate, gdp acceleration, economic output growth

32.9% critical · 47.9% positive

Fintech coverage across South Korea. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Fintech research is working on

13,825 papers in the recorded worldwide scope.

Expand panel +
13,825papers
13,825worldwide comparison pool
—India-affiliated papers

Research orientation

Promising
4,450
Descriptive
3,501
Problem-identifying
3,141
Cautionary
1,411
Breakthrough
754
Comparative
414
Critical
154

Contribution mix

Empirical
8,354
Reviews
2,307
Position pieces
1,635
Methods-led
1,361
Theoretical
168

Tone counts: 12,714 positive · 252 neutral · 859 negative.

Common problems researchers identify
3,295 papers · 23.8% of this field
  • Financial services1,723 papers
  • FinTech1,301 papers
  • Financial inclusion570 papers
  • Payment489 papers
  • Government245 papers
  • Financial literacy205 papers
  • Cryptocurrency201 papers
  • Investment172 papers

Landmark: The digital revolution in financial inclusion: international development in the fintech era

Cautions
1,411 papers · 10.2% of this field
  • Financial services670 papers
  • FinTech538 papers
  • Financial inclusion348 papers
  • Payment283 papers
  • Financial literacy129 papers
  • Mobile payment102 papers
  • Digital currency95 papers
  • Investment91 papers

Landmark: Blockchain Technology in Finance

Opportunities
5,204 papers · 37.6% of this field
  • Financial services2,148 papers
  • FinTech1,839 papers
  • Financial inclusion1,123 papers
  • Financial literacy786 papers
  • Payment749 papers
  • Database transaction382 papers
  • Investment314 papers
  • Mobile payment301 papers

Landmark: On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services

Leading institutions

UNSW Sydney
743
University of Manchester
727
University of York
716
University of the West of England
716
Universidad de Zaragoza
685
Columbia University
667

Leading researchers

Robert J. Kauffman
1,822
Peter Gomber
1,821
Chris Parker
1,821
Bruce W. Weber
1,821
Daniela Gabor
716
Sally Brooks
716
Itay Goldstein
621
Wei Jiang
621

Highly cited breakthrough-labelled papers

  • On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services1,820 citations
  • Intention to use analytical artificial intelligence (AI) in services – the effect of technology readiness and awareness370 citations
  • The FinTech phenomenon: antecedents of financial innovation perceived by the popular press240 citations
  • FinTech ecosystem practices shaping financial inclusion: the case of mobile money in Ghana116 citations
  • CBDC, Fintech and cryptocurrency for financial inclusion and financial stability100 citations

Common problems researchers identify

10,570 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Financial Inclusion ChallengesCommon problems researchers identify · 01

Financial Inclusion Challenges

1,447 papers

24.1% of this theme group

Researchers highlight obstacles to broadening access to financial services through fintech innovations.

FinTech (679) · Financial services (885) · Financial inclusion (269) · Financial innovation (90)

Enriching Financial Inclusion through Fintech

DIGITAL TRANSFORMATION IN THE BANKING SYSTEM: PROSPECTS FOR COOPERATION BETWEEN FINTECH COMPANIES AND BANKS

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Payment System LimitationsCommon problems researchers identify · 02

Payment System Limitations

1,364 papers

22.7% of this theme group

Studies examine cost, security, and infrastructure issues hindering electronic payment adoption.

Payment (1,251) · Payment system (509) · Payment service provider (217) · Settlement (86)

Better than Cash, but Beware the Costs: Electronic Payments Systems and Financial Inclusion in Developing Economies

ISSUES AND CHALLENGES OF ELECTRONIC PAYMENT SYSTEMS

View research history
YearShare index
2022590.9
2023562.2
2024710.5
2025799.0
Mobile Payment Adoption BarriersCommon problems researchers identify · 03

Mobile Payment Adoption Barriers

1,149 papers

19.1% of this theme group

Works investigate user acceptance, technology constraints, and trust factors in mobile banking.

Mobile payment (869) · Mobile banking (220) · Mobile business development (111) · Mobile phone (135)

User Acceptance Testing of Mobile Payment in Various Scenarios

Exploring Determinants Influencing the Intention to Use Mobile Payment Service

View research history
YearShare index
202277.6
202383.0
202482.8
2025139.8
Credit Card Fraud RisksCommon problems researchers identify · 04

Credit Card Fraud Risks

692 papers

11.5% of this theme group

Papers focus on detection difficulties and evolving tactics behind credit‑card fraud.

Credit card fraud (107) · Credit card (118) · Financial fraud (43) · Computer security (107)

Machine Learning for Credit Card Fraud Detection

Credit Card Fraud Detection and Analysis

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Algorithmic Trading ConcernsCommon problems researchers identify · 05

Algorithmic Trading Concerns

585 papers

9.8% of this theme group

Research points to market impact, regulatory gaps, and insider‑trading vulnerabilities in high‑frequency trading.

Algorithmic trading (222) · High-frequency trading (148) · Alternative trading system (140) · Insider trading (79)

High-Frequency Trading and Its Impact on Markets

High-Frequency Trading: A Regulatory Strategy

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Portfolio Optimization IssuesCommon problems researchers identify · 06

Portfolio Optimization Issues

404 papers

6.7% of this theme group

Studies discuss model risk, data quality, and computational challenges in modern portfolio theory.

Portfolio (386) · Portfolio optimization (163) · Modern portfolio theory (70) · Post-modern portfolio theory (46)

Machine Learning Optimization Algorithms & Portfolio Allocation

Portfolio Optimization: New Challenges and Perspectives

View research history
YearShare index
2022315.6
2023306.6
2024225.8
2025345.9
Money‑Laundering ComplianceCommon problems researchers identify · 07

Money‑Laundering Compliance

359 papers

6.0% of this theme group

Analyses address regulatory complexity and the tension between anti‑money‑laundering measures and inclusion.

Money laundering (320) · Terrorism (65) · Accounting (54) · Compliance (44)

National and international anti-money laundering law : developing the architecture of criminal justice, regulation and data protection

Balancing anti-money laundering measures and financial inclusion

View research history
YearShare index
20221897.3
20231880.1
20241584.8
20251002.7

Cautions

3,742 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Fintech Regulation for InclusionCautions · 01

Fintech Regulation for Inclusion

756 papers

20.2% of this theme group

Authors urge careful policy design to balance innovation with systemic stability.

FinTech (412) · Financial services (449) · Financial inclusion (227) · Financial innovation (65)

The Role of Fintech Technology in Improving Financial Inclusion and Financial System Stability

Advancing Financial Inclusion through FinTech: A Regulatory Insight into Emerging Industry Practices

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
High‑Frequency Trading OversightCautions · 02

High‑Frequency Trading Oversight

579 papers

15.5% of this theme group

Works caution about market quality effects and the need for robust regulatory frameworks.

Algorithmic trading (254) · High-frequency trading (153) · Alternative trading system (102) · Trading strategy (117)

High Frequency Trading and Its Impact on Market Quality

Implementing High Frequency Trading Regulation: A Critical Analysis of Current Reforms

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Payment System Transition RisksCautions · 03

Payment System Transition Risks

565 papers

15.1% of this theme group

Research highlights consumer preferences and policy shifts that may create unintended consequences.

Payment (536) · Payment system (180) · Reimbursement (36) · Prospective payment system (34)

Hospital response to a new case-based payment system in China: the patient selection effect

Payments transition in India – consumer preferences and policy shifts

View research history
YearShare index
2022598.5
2023567.6
2024714.6
2025803.0
Portfolio Model RiskCautions · 04

Portfolio Model Risk

522 papers

13.9% of this theme group

Studies stress the importance of accounting for econometric uncertainty in optimization.

Portfolio (494) · Portfolio optimization (203) · Diversification (105) · Econometrics (109)

Model Risk in Portfolio Optimization

Optimization of portfolio management based on vector autoregression models and multivariate volatility models

View research history
YearShare index
2022318.1
2023308.9
2024228.0
2025346.6
Mobile Money User ExperienceCautions · 05

Mobile Money User Experience

496 papers

13.3% of this theme group

Papers point to usability and trust issues that can limit financial inclusion gains.

Mobile payment (380) · Mobile banking (81) · Payment (228) · Mobile phone (39)

Mobile Money for Financial Inclusion

Understanding user experience of mobile money services in emerging markets

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
Fraud Detection Method LimitsCautions · 06

Fraud Detection Method Limits

495 papers

13.2% of this theme group

Analyses discuss over‑reliance on machine learning and potential blind spots in fraud detection.

Accounting (63) · Money laundering (78) · Audit (50) · Credit card fraud (26)

A Review on Financial Fraud Detection using AI and Machine Learning

Use of Machine Learning in Financial Fraud Detection: A Review

View research history
YearShare index
20222207.7
20232190.6
20242016.5
20251778.7
Digital Currency SecurityCautions · 07

Digital Currency Security

329 papers

8.8% of this theme group

Research warns of cybersecurity and stability challenges posed by cryptocurrencies and blockchain.

Digital currency (124) · Blockchain (71) · Cryptocurrency (95) · Currency (78)

Cybersecurity and Blockchain for Secure Financial Transactions: Evaluating, Implementing, and Mitigating Risks of Digital Payments

Public Payment Systems in the Digital Era: Responding to the Financial Stability and Security-related Risks of Cryptocurrencies

View research history
YearShare index
2022801.9
2023842.3
2024890.0
20251127.0

Opportunities

28,937 papers · 7 recurring themes
7 cards

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Advanced Portfolio OptimizationOpportunities · 01

Advanced Portfolio Optimization

1,697 papers

28.3% of this theme group

Works explore new mathematical models and multi‑objective strategies for better asset allocation.

Portfolio (1,578) · Portfolio optimization (936) · Mathematical optimization (268) · Modern portfolio theory (157)

Application of portfolio optimization

The research on portfolio optimization model and strategy for multiple objectives

View research history
YearShare index
2022371.2
2023354.5
2024252.1
2025358.7
Machine‑Learning Fraud DetectionOpportunities · 02

Machine‑Learning Fraud Detection

1,066 papers

17.8% of this theme group

Studies demonstrate improved credit‑card fraud identification using modern AI techniques.

Credit card fraud (265) · Credit card (252) · Financial fraud (77) · Computer security (173)

Credit Card Fraud Detection using Machine Learning Algorithms

Analyzing Credit Card Fraud Detection based on Machine Learning Models

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Fintech for Financial LiteracyOpportunities · 03

Fintech for Financial Literacy

778 papers

13.0% of this theme group

Research highlights fintech’s potential to boost inclusion and education in underserved populations.

FinTech (338) · Financial services (366) · Financial inclusion (210) · Financial literacy (128)

ROLE OF FINTECH IN FINANCIAL INCLUSION

The Role of Financial Technology (FinTech) in Advancing Financial Inclusion and Equity.

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Blockchain‑Enabled PaymentsOpportunities · 04

Blockchain‑Enabled Payments

756 papers

12.6% of this theme group

Papers propose secure, decentralized architectures to modernize digital payment infrastructures.

Payment (623) · Payment system (247) · Database transaction (146) · Payment service provider (64)

Blockchain Based Architecture and Solution for Secure Digital Payment System

Measuring payment system development

View research history
YearShare index
2022733.2
2023686.3
2024781.6
2025930.9
Mobile Payment Value‑Added ServicesOpportunities · 05

Mobile Payment Value‑Added Services

723 papers

12.1% of this theme group

Works examine new features and security models that drive consumer adoption of mobile payments.

Mobile payment (555) · Payment (363) · Mobile banking (87) · Mobile device (52)

Value Added Services and Adoption of Mobile Payments

Exploring Transaction Security on Consumers’ Willingness to Use Mobile Payment by Using the Technology Acceptance Model

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
AI‑Driven Algorithmic TradingOpportunities · 06

AI‑Driven Algorithmic Trading

661 papers

11.0% of this theme group

Research showcases sophisticated trading strategies powered by artificial intelligence and high‑frequency data.

Algorithmic trading (282) · Trading strategy (267) · High-frequency trading (109) · Pairs trade (68)

Algorithmic Trading and Financial Forecasting Using Advanced Artificial Intelligence Methodologies

Foreign exchange trading

View research history
YearShare index
202232.4
202331.8
202425.0
202538.8
Machine‑Learning Credit ScoringOpportunities · 07

Machine‑Learning Credit Scoring

319 papers

5.3% of this theme group

Studies develop predictive models to improve loan risk assessment and default forecasting.

Credit risk (96) · Loan (65) · Credit score (19) · Probability of default (13)

Application Analysis of Credit Scoring of Financial Institutions Based on Machine Learning Model

Development Of Credit Scoring Model For Borrowers Using Machine Learning Techniques

View research history
YearShare index
2022254.2
2023254.9
2024182.2
2025261.3

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Promising32.2%37.3%
Descriptive25.3%17.5%
Problem-identifying22.7%9.6%
Cautionary10.2%4.6%
Breakthrough5.5%26.4%
Comparative3.0%3.7%
Critical1.1%1.0%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceIncentives for Mobile Crowd Sensing: A Survey2,7174.6%857 (31.5%)4.6%
Concentration of compute powerRent Seeking by Low-Latency Traders: Evidence from Trading on Macroeconomic Announcements1020.17%50 (49.0%)0.17%
Bias & fairnessSocietal bias reinforcement through machine learning: a credit scoring perspective830.14%31 (37.3%)0.14%
Labour & data workMobile Money Taxation and Informal Workers: Evidence from Ghana’s E-Levy600.1%26 (43.3%)0.1%
Safety & misuseThe EU Response to Criminal Misuse of Cryptocurrencies: The Young, already Outdated 5th Anti-Money Laundering Directive500.08%21 (42.0%)0.08%
Energy & datacenter footprintAn integrated model of financial technology adoption and environmental performance: The role of green innovation290.05%5 (17.2%)0.05%
Hardware, e-waste & supply chainMobile Phone Repair as a Strategy for Reducing E-Waste, Enhancing Data Privacy, and Promoting Digital Sustainability in 30.01%0 (0.0%)0.01%
Carbon & emissions of computeRethinking portfolio design with sustainable AI and FinTech: dynamic spillovers in a quantile–frequency framework10.0%0 (0.0%)0.0%
Water use00.0%0 (%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: worldwide. This may be broader than the company geography.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

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UNDERSTAND THE LANDSCAPE

Fintech in South Korea: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 2 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
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