US Fintech Unicorn Republis to Expand to Asia


Source: thefintechtimes.com thefintechtimes.com

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Republic, a global fintech startup that operates multiple online investment platforms and provides asset management and blockchain advisory services, has announced that it will expand overall business operations to Asia with the launch of Republic Asia and its Seoul office. The company has further expansion planned in Singapore and other Asian jurisdictions in 2022. As part of its Korean operations, Republic Asia participated as an anchor investor in connection with a majority stake investment in TogetherApps, the leading licensed P2P (Peer-to-Peer) investment platform in Korea with over $1.2billion in completed real estate loan transactions since its 2015 launch, made by...