4th Fintech Demo-day was held on August 27 to facilitate Fintech industry and provide an occasion for Fintech startups to showcase their tecnology.
At today’s event, actor Lim Siwan who starred in a popular TV drama series ‘Incomplete Life (Misaeng)’ was appointed honorary ambassador for Fintech to more effectively promote Fintech to the public.
Three crowd funding service providers added value to today’s event by briefing Fintech firms about ways to easily raise business fund through crowd funding system. Chairman Yim Jong-yong promised that the FSC will give all-out support for facilitation of crowd funding so that innovative startups would no longer have to worry about raising money.
Four Fintech firms set up a booth and showcased their Fintech technology to more than 35 financial institutions participated in the event. Number of financial firms showed keen interest in the new technologies and expressed willingness to form business partnership.
During a congratulatory speech, Chairman Yim stressed that Fintech firms must seek new business opportunities in overseas markets to preoccupy global market share. He added that the government is more than willing to provide necessary assistance for Korea’s Fintech firms to go global.