Orange Square, operating under the name WOWPASS, is a rapidly expanding payment startup in South Korea, revolutionizing money exchange and payment processes for foreign tourists. Launched in 2013, WOWPASS has established itself as the premier payment platform for international travelers visiting Korea. The WOWPASS solution integrates a prepaid card and mobile wallet app, offering a seamless fusion of currency exchange, cashless payment, and transportation services. With a substantial user base exceeding 700,000 individuals from over 150 countries, WOWPASS has emerged as the go-to payment platform for travel-related expenditure in Korea. The company recently secured a significant KRW 10 billion Series B investment on 17 January 2024, attracting support from prominent investors including Mirae Asset Venture Investment, IMM Investment, Korean Investment Partners, and Now IB. Orange Square operates within the Financial Services and Fintech sectors, with its headquarters situated in South Korea. With its impressive growth trajectory and innovative approach, Orange Square's WOWPASS is poised to redefine the landscape of foreign tourist payment solutions in South Korea.
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