FIN2B (FINTOB, CEO Park Sang-soon) and Yaho Lab (CEO Kwon Young-wook), which are companies that support the Jeonbuk Center for Creative Economy Innovation (Center Director Kang Young-jae), did well at Asia's largest startup competition, "Startup Wheel 2023," showing the potential of Korean startups.According to the Jeonbuk Center on the 28th, 'Startup Wheel' is Asia's largest startup competition held by the Business Startup Support Center (BSSC), a Vietnamese state-run organization, marking its 11th anniversary this year.More than 2,000 startups from 34 countries have challenged, with venture capital (VC), investors and institutional officials from around the world participating.FIN2B, selected as Top 5, is a fintech company specializing in supply chain finance and provides a SaaS-based supply chain finance (SCF) solution that helps companies quickly secure the working capital they need in connection with financial institutions using account receivable information generated through transactions between companies.In order to grow into Asia's largest fintech company, FIN2B is continuing its business activities by establishing its domestic headquarters as well as overseas subsidiaries in Singapore and Vietnam. In particular, it has signed an agreement with Woori Bank in Vietnam and has been implementing a 'sales bond discount service' since 2020.
Yaho Lab' is a startup that provides matching services for infants and elementary care tutors and has launched and operated a platform in Vietnam since August last year.It has a pool of 350 caregivers, boasting abundant human resources that overwhelm competitors.Yaho Lab', which aims to "innovate the lives of parents and children in Southeast Asia," was selected as the "TOP 50" in this competition to prove its competitiveness in the local market.Jeonbuk Center is carrying out a global accelerating program called "2023 K-Startup Center (KSC)" to strengthen the capabilities of domestic startups to enter the global market, and has selected and supported "FIN2B" and "Yaho Lab" this year.Kang Young-jae, head of the Jeonbuk Center, said, "We are proud of the startups supported by our center for verifying and recognizing their global competitiveness," adding, "We will continue to do our best because the role of the Jeonbuk Center is to nourish the innovative growth of startups."☞ Sympathy Press Newsisleo@newsis.com<Copficient ⓒ Sympathy Press Newsis News Agency. Unauthorized Reproduction-No Redistribution.>