Fintech Korean Wave, IR in Silicon Valley
MK Business News
October 4, 2016
A series of investment offers in the MaeKyung Silicon Valley IR

◆ Maekyung Silicon Valley IR ◆

"I knew that Korea's fintech history was short, but I didn't know that there were many companies with such excellent technology."

Local investors who attended the Maegyeong Silicon Valley Fintech Enterprise Briefing (IR) held at the Hyatt Regency Hotel in Santa Clara, California, on the 3rd (local time) gave high marks to the creative technology presented by Korean fintech companies. Under the theme of "Gateway to Korea's Fintech Industry," the IR event was held for three hours in Silicon Valley with nine Korean fintech companies, including Centby (Grand Prize), Fin2B (Best Prize), and Paycock (Best Prize), participating in the first Maegyeong Fintech Award-winning companies. This is the first time that a domestic fintech company has participated in an IR event led by a media company abroad as a group. More than 50 venture investors, including Formation Group, Asset Management Ventures (AMV), and Translink Capital (TC), led by Koo Bon-woong, CEO of LS Group, attended the event, showing high interest in "Fintech Hallyu." Rich Simony Managing Partner of Asset Management Ventures, who attended the briefing, said, "We have printed companies that can invest," and added, "We are willing to invest directly in one or two of the fintech companies that are presenting today."