Bezant Raises Undisclosed Amount Of Funding from Korea Prepaid Card
Korea Prepaid Card has reportedly invested in Bezant, a Singapore-based company, making it the blockchain developer’s second largest shareholder.
The details of the same were not disclosed in the announcement on the website.
Ever since April this year, Bezant has been facilitating Blockchain-as-a-Service (BaaS) using the Hyperledger Fabric technology. It even holds a cryptocurrency of it
The company has also purportedly signed various partnerships. It is said to be working with a South Korean fintech
Korea Prepaid Card is an end-to-end encrypted solution provider for pre-paid cards and various such services, like pin-code cards, barcode-based coupons, vouchers, and virtual cards. It manages distribution, publishing, settlements, and payments, and has been building technology to integrate different participants in the value chain of pre-paid cards. Bezant has strong connections with South Korea already.
Its chief cryptocurrency officer is Daesik Kim. He is also the co-founder of a South Korean exchange, Bithumb, which is ranked 17th in the world by volume, as per the data from CoinMarketCap. The lead engineer of the company, JeyceJung, was previously a software developer lead at KakaoPay which specialized in the detection of fraud.