CHAI raises USD 60 mln in Series B funding

Thursday 10 December 2020 10:01 CET | News

South Korea-based payments company CHAI has raised USD 60 million in a Series B financing round by Hanwha Investment & Securities.

Other participants in the round include SoftBank Venture Asia, SK Networks, Aarden Partners, and Hashed

CHAI enables online businesses to accept payments via its I’mport B2B service, which provides an API that allows ecommerce businesses to choose from a set of over 20 payment options such as credit cards, wire transfers, and digital wallets.

CHAI is a payment service powered by Terra, a Korean blockchain payment network. The company serves over 2,200 merchants including global brands such as Nike Korea and Philip Morris Korea.

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Keywords: CHAI, Hanwha Investment & Securities, fund raiser, funds, funding, Series B, payments , credit cards, wire transfers, and digital wallets
Categories: Payments & Commerce
Countries: Korea, Republic of
This article is part of category

Payments & Commerce