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Chai raises $45m in Series B funding

Seoul based payment solutions company raised $45m in Series B funding led by Nyca Partners and Softbank Ventures Asia.

“We are excited to continue our partnership with CHAI as they grow in Korea and expand across southeast Asia, which is ripe for digital innovation in the payments space. We believe that the CHAI port solution truly solves crucial pain points for online retailers and is a needed orchestrator in the digital merchant ecosystem,” said JP Lee, CEO of SoftBank Ventures Asia.

Tags

korea, payments