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Showing posts from April, 2020

PayGate spreads donation culture through Good People and Crowdfunding

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PayGate spreads donation culture through Good People and Crowdfunding ▲ Park So-yeong, CEO of Bilbao Crowd, and Executive Director Kang Dae-sung of Good People meet to sign a business agreement. (Photo credit = PayGate) The crowdfunding platform Bilbao Crowd signed a business agreement with the International Relief Development Non-Governmental Organization (NGO) “Good People” on the 22nd to create a donation culture at home and abroad. PayGate announced on the 28th that CEO Park So-Yeong met with Yoon Soon-Rok, Director of Bilbao Crowd, and Kang Dae-Sung, Executive Director of Good. Bilbao Crowd is a platform that runs on Paygate's Seyfert system. It was started to make it easier for individuals or small organizations to get the opportunity to fund and promote the project. The goal is not only to raise funds, but also to serve as a platform to connect the value of social contribution. Kang Dae-Sung, Executive Director of Good People, said, “We look forward to creating ...

Paygate launches Borrowing Company Inquiry Service ahead of online Investment-linked Financial Act Enforcement

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Paygate launches Borrowing Company Inquiry Service ahead of online Investment-linked Financial Act Enforcement Ahead of the implementation of the Online Investment-linked Financial Industry and User Protection Act (hereinafter referred to as the "On-To Act" and the former "P2P Finance") on August 27 this year, Paygate will launch a service that can view loan-related data of the borrowing companies. The initial model launched this time will provide information on the number and duration of inquiry requests except for the loan amount inquiry. The On-To Law strengthens the limits on investment and loans of individuals and companies more than the existing guidelines, and applies the overall integrated limit on the platform-specific limits. As it is a matter prescribed by law, it must be followed in the future, and there is an assignment that the system and structure must be improved for integrated application. Paygate is a separate storage financial platfor...