UK FinTech-as-a-Service platform Rapyd has expanded its business in the Asia Pacific market.
In Brief:
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Rapyd has launched its “all in one” payment capabilities in South Korea.
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It has partnered with payment service providers in South Korea.
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Global companies can now provide localised payment services in the country.
What does this mean?
Setting up with South Korea marks the expansion of Rapyd – which is also available in Singapore – in the APAC region. This will be the sixth global market where the company deploys its “all in one” payment capabilities. Rapyd says that South kores is moving quickly in terms of emerging payment technology companies and is one of the world’s leading ecommerce markets.