Shinhan Bank and StoneX Payments Strategic Partnership
Shinhan Bank has entered a strategic partnership with StoneX Group Inc.'s Payments Division to integrate global cross-border payment and foreign exchange services across more than 140 currencies.
Aggregated from 4 sources · Updated 31 Jul 2026, 04:02 UTC (UTC)
Coverage Balance
4 sourcesBlindspot Alert: Center Gap
This event is primarily covered by one side of the political spectrum. Niche or counter-narrative facts may be underrepresented.
Facts (9)
- Established
StoneX Group Inc. and Shinhan Bank announced a strategic partnership on July 30, 2026.
- Established
Shinhan Bank will integrate StoneX Payments’ solution to offer cross-border payments and foreign exchange services across more than 140 currencies and 180 countries.
- Established
The partnership grants Shinhan Bank access to StoneX’s network of more than 385 banks worldwide.
- Established
Shinhan Bank serves approximately 29 million customers and is identified as South Korea's second-largest bank.
- Established
The integration of the services is planned to occur in phases over the coming months.
- Emerging
StoneX Payments provides local currency settlement and last-mile delivery in frontier markets for institutional flows.
- Emerging
The primary target sectors for these services include global importers, exporters, multinational corporations, and non-profit organizations.
- Emerging
The collaboration is expected to reduce transaction costs and settlement times for Shinhan Bank clients.
- Attribution
The partnership marks the 20th year of StoneX's operations in Asia.