Chai Corporation

Chai Corporation

CHAI x Port is a fintech company that develops infrastructure technologies to create an efficient digital economy. We believe that "Payments" will be the core infrastructure of the growing digital economy in near future. "Payments" is the most basic function for digital economic activities and is also a reservoir where all data and cash flow into. In the payment market, which has been centered on regulation and sales for decades, CHAI aims to devise a new ecosystem through technology, providing convenience and new values to customers, and helping our customers to grow rapidly. This includes an e-wallet, which provides the lowest-in-market transaction fees to merchants and dynamic benefits to consumers, and a debit card, which is connected to the e-wallet . A growing number of CHAI users are engaging with the app daily. Another product, CHAIPort, is a merchant-facing payment API that allows integrations with a wide range of payment options in less than an hour. More and more merchants are doing away with individual payment services and choosing to use CHAI’s integrated API. CHAIPort surpassed 7 trillion won in annual transactions as of November 2021 in South Korea, and is one of the fastest growing startups in Asia. Series B+ funded by institutional investors including Softbank, Nyca, BCapital and many others. CHAI is on a hyper-growth journey and building a multi-market presence in SouthEast Asia in 2022.

Key Info

  • 2018 Founded2018 Founded
  • 120.02M Total Funding Raised120.02M Total Funding Raised
  • Seoul, KoreaSeoul, Korea
  • 71 Employees71 Employees
  • LinkedIn•••••••••
    Lock Closed

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Activity Timeline

Team

Investments

Round
Amount Raised
Date
Investors
Series B
Raised $60,000,000
Dec 10, 2020
Series A
Raised $15,000,000
Feb 01, 2020

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