Five startups providing practical services such as funeral preparation, card spending analysis, policy support fund inquiries, lease risk assessments, and financial AI response verification have been recognized for their collaboration with financial institutions.
Lee Ok-yeon, chairman of the Financial Services Commission, attended the "Startup Open Innovation #Financial Sector" award ceremony held at Front One in Mapo, Seoul, on June 24, where he presented awards for exemplary collaborations between startups and financial institutions.
The event aimed to identify collaboration needs between startups and financial institutions and to connect them with actual cooperation cases. This year, five startups were selected from a total of 44 proposals submitted by May 18, following a preliminary review.
The selected collaborations include: 1) Goi Funeral Research Institute and OK Savings Bank for an IT-based one-stop funeral platform; 2) WhatSub and Shinhan Card for a card data analysis solution; 3) Wello and Kakao Bank for a customized policy support fund platform; 4) TerraFi and Woori Bank for pre-lease risk assessment services; and 5) Tynaps and KB Kookmin Bank for a financial response reliability verification solution.
The awarded companies will receive benefits such as workshop support worth up to 3 million won, priority consideration for the D.CAMP placement program, and financial support from partner institutions.
* This article has been translated by AI.
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