BUSINESS

Payment services start-up attracts W20b funding

By Kim Young-won
  • Published : Jul 26, 2016 - 13:26
  • Updated : Jul 26, 2016 - 14:47
[THE INVESTOR] JTNet, an operator of online and offline payment services, has attracted 20 billion won (US$17.5 million) of funding from BNW Investment and Zenitas Investment, the company said on July 26.

The Korean company under Yellow Mobile’s online-to-offline business affiliate Yellow O2O, offers value-added network and payment gateway services -- core technologies behind credit card transactions.

Founded in 1993, the company joined Yellow Mobile, a start-up giant consisting of dozens of different start-ups.

(theinvestor@heraldcorp.com)