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Author Topic: [2014-08-26] CD: Korean Bitcoin Startup Korbit Nets $3 Million in Series A Fundi  (Read 693 times)
LiteCoinGuy
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August 26, 2014, 12:42:20 PM
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Korean Bitcoin Startup Korbit Nets $3 Million in Series A Funding

http://www.coindesk.com/korean-bitcoin-services-provider-korbit-nets-3m-series-funding/


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August 26, 2014, 05:42:32 PM
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The company says it has signed up 25,000 individual users to its consumer services, and more than 400 merchants to the business-oriented Korbit Pay. The company’s clients include offline merchants such as Nescafe (coffee) in Gangnam and Natuur (ice cream) in Pangyo, while its online merchants include Hanintel (lodging reservation) and News Peppermint (news translation).

South Korea has a relatively small but growing bitcoin user community, driven mainly by online payment services that aim to satisfy the country’s large young population of online shoppers and gamers.
I've always wondered how things were progressing over there in Korea considering they have the ideal genre for the usage of BTC to take off in a consumer setting. Piece by piece, things are looking up for the future.
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