Key Takeaways
- • Bolta Corporation, a Seoul-based fintech API provider founded in 2023, offers API infrastructure that lets global enterprises issue and manage South Korean electronic tax invoices directly from existing ERP software such as SAP and Oracle.
- • Bolta is an officially certified e-invoicing system provider registered with South Korea's National Tax Service (NTS), which is the mandatory recipient of all electronic tax invoices for taxable transactions in the country.
- • Logistics company Flexport uses Bolta's API to connect its proprietary logistics systems with Korea's e-invoicing framework, with Bolta providing English-language support and deployment guidance.
- • Bolta is expanding beyond compliance into KYB verification APIs that confirm counterparty corporate registration status and tax classification, positioning itself as the "Plaid of Korea."
- • The company is backed by cross-border venture capital firms Strong Ventures and Springcamp; co-founders are CEO Moon-hyuk Lee and CTO Taeyang Jin.
Summary
Bolta Corporation, a South Korean financial technology API provider, is offering global enterprises a way to meet South Korea's electronic invoicing requirements without building custom integrations, according to a company press release distributed via Business Wire. Companies operating in South Korea must issue electronic tax invoices for all taxable transactions and transmit them to the National Tax Service, a process that has historically required technical integration, verification and data management work across centralized ERP and financial systems.
According to the release, Bolta's API connects natively with leading global ERP suites, including SAP and Oracle, along with other core business systems. Through this connection, companies can issue e-invoices and monitor processing status in real time. Organizations with multiple local entities can segment data and manage separate issuing permissions. Bolta describes itself as an officially certified e-invoicing system provider registered with the tax authority.
Logistics firm Flexport is cited as a customer. The release says Flexport uses Bolta's API to link its proprietary logistics systems with Korea's e-invoicing framework, and that Bolta supports the deployment with English-language support, dedicated technical guidance and domestic e-invoice issuance.
Beyond e-invoicing, Bolta offers verification APIs that let multinational companies check a counterparty's corporate registration status and tax classification within automated accounting workflows. The company is also expanding into core financial data and corporate document APIs, which it frames as the basis for its "Plaid of Korea" positioning. Its service portfolio, per its company description, includes e-invoice and cash receipt automation, programmatic financial data retrieval, corporate verification and automated business document issuance, with connections to the NTS, financial institutions and public business registries.
Founded in 2023, Bolta is led by CEO Moon-hyuk Lee, with CTO Taeyang Jin, a software engineer formerly with Kakao Pay, as co-founder. The company is backed by Strong Ventures and Springcamp. The release notes a public English developer portal with OpenAPI specifications, test keys and a free sandbox environment, along with English technical support via Slack Connect and Microsoft Teams. The announcement is promotional in nature and the release does not disclose financial terms, funding amounts or customer volumes.
According to the release, Bolta's API connects natively with leading global ERP suites, including SAP and Oracle, along with other core business systems. Through this connection, companies can issue e-invoices and monitor processing status in real time. Organizations with multiple local entities can segment data and manage separate issuing permissions. Bolta describes itself as an officially certified e-invoicing system provider registered with the tax authority.
Logistics firm Flexport is cited as a customer. The release says Flexport uses Bolta's API to link its proprietary logistics systems with Korea's e-invoicing framework, and that Bolta supports the deployment with English-language support, dedicated technical guidance and domestic e-invoice issuance.
Beyond e-invoicing, Bolta offers verification APIs that let multinational companies check a counterparty's corporate registration status and tax classification within automated accounting workflows. The company is also expanding into core financial data and corporate document APIs, which it frames as the basis for its "Plaid of Korea" positioning. Its service portfolio, per its company description, includes e-invoice and cash receipt automation, programmatic financial data retrieval, corporate verification and automated business document issuance, with connections to the NTS, financial institutions and public business registries.
Founded in 2023, Bolta is led by CEO Moon-hyuk Lee, with CTO Taeyang Jin, a software engineer formerly with Kakao Pay, as co-founder. The company is backed by Strong Ventures and Springcamp. The release notes a public English developer portal with OpenAPI specifications, test keys and a free sandbox environment, along with English technical support via Slack Connect and Microsoft Teams. The announcement is promotional in nature and the release does not disclose financial terms, funding amounts or customer volumes.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.