This article showcases our top picks for the best South Korea based Finance companies. These startups and companies are taking a variety of approaches to innovating the Finance industry, but are all exceptional startups and companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top South Korea Finance Companies
Bithumb is a cryptocurrency exchange platform. The South Korean-based platform is also known as a leading exchange for ether, the currency of Ethereum (which in itself is immensely popular in the country).
Bithumb is operated by a company called BTC Korea.com Co. Ltd..
Xangle collects, verifies, and integrates corporate disclosures from global projects and companies that have issued crypto assets. This information is made public along with on-chain blockchain data, all of which are displayed in a user-friendly format to help the public’s understanding of the crypto assets.
One of the key issues concerning on-chain data is the difficulty associated with analyzing raw data. Xangle provides both off-chain corporate disclosures and easily accessible on-chain metrics and analytics to the public..
Coinplug is a Korea based Bitcoin startup founded in June of 2013. Coinplug provides a Bitcoin exchange & wallet service, okBitcard(bitcoin prepaid card), 2-way ATM and payment processor targeting Korea and other Asia market.
Consumers and merchants can use the company’s services to accept virtual currency Bitcoin. .
MOIN is a FinTech startup to solve problems of the current global remittance market. MOIN has developed a money transfer solution based on Blockchain technology.
Without going through SWIFT network or intermediary banks, MOIN directly connects senders and receivers to make the wire process simpler, safer, faster, and more convenient with most affordable rates. The company was founded on March 21, 2016, and it is headquartered in Seoul, South Korea..
HonestFund is a financial technology company operating an alternative investing platform in South Korea. HonestFund provides individuals and institutional investors access to alternative investment opportunities across a wide range of asset classes, such as residential/commercial real estates, infrastructure financing and unsecured personal loans.
Due to its unique capability of providing a fully transparent and frictionless process for both investors and private issuers, HonestFund raised funds from leading financial institutions, including Shinhan Bank, Hanwha Investment, KB Investment, Shinhan Capital and Daily Financial Group.. .
Black coin (블랙코인) is a Korean startup that provides social membership cards for individuals all around the country. These social membership cards can be used in categories such as export, restaurant management, insurance, baby, design, and brand.
Black coin was established in October 2013 in Gyeonggi-do, Korea.. .
Tumblbug is an online Korean crowdfunding site that enables independent creators to get their art and cultural content funded. Users can submit their projects under art, cartoon, design, fashion, film, cooking, publishing, technology, and music.
Tumblbug was launched by Jaeseung Yeom in 2011 and is headquartered in Seoul, Korea.. .
AIM (Automated Investment Management)
AIM is an online platform that allows its users to make trades and investments via smartphone. Its platform specializes on personal finance, portfolio management, asset allocation, and mobile investment application.
The company was founded in 2016 and headquartered in Seoul, South Korea.. .
PeopleFund is Korea’s leading tech-based financial platform that is opening doors to financial freedom through affordable loans and attractive alternative investment products. It is the fastest growing marketplace lender in Korea and uniquely positioned as the first and only Korean marketplace lending platform to fully integrate with a top-tier commercial bank to process personal and business loans that are government approved.
PeopleFund is also the first fintech platform to offer investment products directly on KakaoTalk, Korea’s most popular messaging app, which has allowed the company to grow and scale up its business. PeopleFund was founded in 2015 and is headquartered in Seoul, Korea..
Quantec was founded in 2016 with the goal of ‘making easy and convenient asset management a daily possibility for everyone’. Through Quantec’s own technology called ‘Q-Engine’, users can analyze their actual assets and receive recommendation of variety of products suitable for their investment environment, or they can modify their own assets to construct a customized asset management portfolio.
Based on ‘Q-Engine’, we are planning to launch ‘IRA’ and ‘Q-OSK’ solutions that can be utilized by financial companies as well as asset management platforms ‘MONEYPOT’ for general customers. In recognition of ‘Q-Engine’, Quantec has led to the selection of the fourth ‘Shinhan Future’s Lab’ by Shinhan Financial Group, the fourth ‘Dreamplus’ by Hanhwa Life Insurance, and has attracted a Series A investments of KRW 3,000 million from Industrial Bank of Korea, Wonik Investment Partners, AG Investment, and Shinhan Capital.
Via QUANTEC’s asset management platform MONEYPOT and our untact asset management solution Q-OSK, among other solutions, you will be able to meet your own private banker at any time, from anywhere.. .
Keypair, We world first provide NFC enabled Card type HSM (Hardware Security Modules) and OTP (One Time Password) authentication service thru Smartphone for financial transactions. Currently, 75% of all banks in Korea has chosen us to provide the authentication service.
More than 10 million users are expected by 2017 in Korea thanks to our service is rectified by Korean government as standard. Product/Service at a Glance Using generic combi IC Card, it supports both OTP and HSM service with ease and convenience.
Simply tagging your phone via NFC, the IC card generates PKI instantly and communicate with your financial institution very safely. This is true Hacking free solution for eCommerce and eGovernment in various usages applicable.
www.keypair.co.rk Contact: Kevin Lee [email protected] +82-10-9222-7522 Team JY Lee, Key Architecture and programmer. Worked as various companies for IC card development.
Ph.D from Electrical Engineering from Korea University. Kevin Lee, Marketer and Sales for IT products.
Prior to join, worked at Samsung, Lucent. Obtained MBA degree from Korea University.
Fount Inc. Is an asset management Robo-Advisor startup founded in 2015.
Their investing algorithm based on BigData Technology helps you plan for every event of your life. fount team believes in passive investing, which takes the right level of risk for your goal’s time horizon, and allows their advanced computer algorithms do all the work..
Hahn & Co
Founded in 2010, Hahn & Co. is a private equity investment firm focused on making corporate acquisitions and investmen.
in Korea. Hahn & Co.
is already one of the largest private equity investment firms operating in South Korea. Hahn & Co.
primarily firm, expertise and experience as owners and operators of businesses. Hahn & Co.
executives directly develop long-term strategic and operational value creation initiatives, including those in areas such as revenue growth, new product development, R&D investment, sales and marketing repositioning, margin expansion, as well as undertaking additional strategic initiatives and risk management.. .
Wavebridge is developing solutions with the goal of providing an integrated AI platform for domestic financial institutions. Services provided include financial data analysis module, financial product valuation module, risk analysis module and AI transaction solutions.
Wavebridge is creating an excellent institutional network based on core competencies such as an experienced workforce suitable for building digital finance and certified technological strength by providing global solutions. Vision: “AI Automatic Trading, Integrated Asset Management Platform”.
Smallticket is a digital insurance brokerage platform. We aim to solve the problems in the insurance distribution market by catering customized insurance services to various customer segments with unique lifestyles.The competitive edge of Smallticket is the benefit-sharing structure that we create between insurance companies and consumers. Our structure provides community-based reward programs as well as data-driven platform service
Kaist Venture Investment Holdings
Kaist Venture Investment Holdings is a startup company that invests in startups that solve social problems through innovative technologies. They invest in businesses that maximize synergy by pursuing both social and financial values at the same time.
It focuses on five sectors including health, environment, education, elimination of inequality, and social infrastructure. Kaist Venture Investment Holdings was founded on October 31, 2014, and is headquartered in Seoul, South Korea..
APU (에이피유코리아) is a global investment company that develops startup business models for startup companies. The company is headquartered in Hong Kong, and expands its operation across Singapore and Korea.
As a startup accelerator the company offers its SBM to business ventures in the distribution, finance, education, and IT sectors. APU was established in April 2014..
HYUNDAI PAY develops a blockchain IoT platform that allows IoT devices to effectively communicate. The copmany’s finance strategy is to develop a robust bridge between customers and companies using a life finance technology platform offering P2P finance, easy payment, foreign currency remittance, and others based on the smart wallet.
The company aims for a more common financial living by discovering financial products that allow people to trade money easily with anyone in living economy and coexist with small business owners based on blockchain technologies.. .
GiveClick (기브클릭) is a Korean social enterprise company focusing on establishing a donation platform. GiveClick provides an opportunity for people who want to help and participate in social welfare.
The organization recruits members through corporate donations. GiveClick was established in 2012 in Seoul, Korea..
This article was written by David Friedmman from Welp Magazine. The editor for this article was Tess Page. If your company is featured in this article and you want to have amendments made please contact us on: [email protected].
Alternatively you may write to us at: Welp Magazine/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.