Alchemy Pay Invests in South Korean Fintech Giant, Gains FSS Supervision

Alchemy Pay, a leading blockchain payment service provider, has announced a strategic investment in South Korean electronic financial platform EZPG Co., Ltd. This move enables Alchemy Pay to obtain EZPG Co., Ltd.'s registration as an electronic financial business under the supervision of the Financial Supervisory Service (FSS), South Korea's comprehensive financial regulatory authority.

The investment is part of Alchemy Pay's ongoing efforts to expand its global footprint and provide seamless cross-border payment solutions. By partnering with EZPG Co., Ltd., Alchemy Pay gains access to the South Korean market, which has a thriving fintech industry and a growing interest in blockchain technology.

EZPG Co., Ltd. is a well-established electronic financial platform in South Korea, offering a range of financial services, including online payments, money transfers, and digital asset management. The company is committed to leveraging cutting-edge technology to provide innovative and secure financial solutions to its customers.

Alchemy Pay's strategic investment in EZPG Co., Ltd. is expected to bring significant benefits to both parties. Alchemy Pay will be able to tap into the South Korean market, while EZPG Co., Ltd. will gain access to Alchemy Pay's advanced blockchain payment technology and global network. This collaboration is poised to drive growth and innovation in the South Korean fintech industry.

The announcement comes at a time when the global blockchain and cryptocurrency industry is experiencing rapid growth and increasing regulation. As a leading player in the blockchain payment space, Alchemy Pay is well-positioned to capitalize on these trends and continue its expansion into new markets.