S. Korea, UK team up to grow joint fintech industry


(MENAFN) South Korea and Britain has set the initial grounds to boost financial collaboration, especially on fintech, according to the latest reports.

Consequently, the two sides discussed the direction of financial policies and market outlook in the wake of the British vote to exit the European Union.

British officials have stressed that there will be no change in London's status as a global financial hub, as it's hard for any other city to duplicate it in a short time.

British official also showed keen interest in South Korea's campaign to nurture the fintech industry, such as the mobile payment and robo-adviser system.


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