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MoonPay Invests $76M in Korean Fintech Pioneer Finger to Build Stablecoin Rails

MoonPay has announced a strategic investment of approximately KRW 110 billion ($76 million) in Finger, a first-generation South Korean fintech pioneer. The deal, executed alongside Sungho Electronics and Pantos Holdings, aims to integrate MoonPay’s global payment rails with Finger’s domestic financial software network to commercialize stablecoin-based corporate settlements.

This multi-party acquisition marks MoonPay’s entry into the East Asian market. By linking Finger’s cloud-based enterprise resource planning (ERP) solution, “Pharos,” with MoonPay’s orchestration infrastructure, the partners intend to launch a dedicated Korean Won stablecoin ecosystem.

Strategic Push for Won-Based Settlements

Founded in 2000, Finger currently provides critical technology for mobile banking applications used by major institutions, including KakaoBank, Shinhan Bank, and KB Kookmin Bank. MoonPay intends to use this network to facilitate real-world usage of digital assets for corporate trade payments.

Lee Bugeon, MoonPay’s Head of Asia, noted that the move provides the full infrastructure needed to support stablecoins pegged to the Korean Won, from initial issuance to broad corporate adoption. 

South Korea’s shifting regulatory landscape

The timing of MoonPay’s entry aligns with South Korea’s “2026 Economic Growth Strategy,” which recently lifted a nine-year ban on corporate cryptocurrency trading. Under new Financial Services Commission (FSC) protocols, listed entities can now allocate up to 5% of their equity capital to digital assets. 

While local regulators remain cautious about currency sovereignty and capital controls, the groundwork for won-pegged stablecoins is a key component of the nation’s plan to become a premier digital hub.

Meanwhile, MoonPay has introduced the Open Wallet Standard (OWS), a groundbreaking framework designed to grant artificial intelligence agents the ability to operate as independent economic entities. This open-source protocol establishes a secure vault layer that allows automated systems to manage digital assets and sign transactions across multiple blockchains without exposing sensitive private keys.

 

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