Seoul Fintech Meet helps domestic startups on global market entry

KUALA LUMPUR, Dec 23 -- Through collaboration between Seoul Fintech Lab (SFL) and Singapore Fintech Association (SFA), Korea’s fintech startups met up for exchange with investors and the related industry workers in Southeast Asia.

SFL hosted the online 'Seoul Fintech Meet' as part of the 10X Extension in Singapore held recently. The event was promoted to introduce Seoul to the world as an emerging global fintech city, and help domestic fintech startups in their global market entry.

An online ceremony for the MOU signing between SFL and SFA was held with both parties agreeing on cooperation to develop the fintech industry and foster fintech startups, raising expectations to play important roles in shared growth of both cities.

In their welcoming speeches, SFL Managing Director, HoHyun Ko and SFA President, Chia Hock Lai promised to provide every support necessary in the information exchange and growth of fintech startups in Seoul and Singapore.

Through close cooperation with SFA, Seoul Fintech Meet was made within the Singapore Pavilion of Singapore Fintech Festival, resulting in over 110 Singaporean local investors, accelerators, and fintech companies pre-registered for the event.

SFL supports a business space for up to two years to startups and provides the ‘Accelerating’ programmes according to the growth stage of each startup, such as on mentorship and educational and marketing support.

It organises online meet-ups to help the startups in their global network expansion along with several programmes to assist in overseas market entry including support for participation in leading fintech exhibitions and conferences abroad and preparation for IR, marketing, and PR.

SFL startups which participated in Seoul Fintech Meet include SBCN, XQuant, Finhaven, Fin2B and 800m.

-- BERNAMA