In the virtual Demo Day held on September 2nd 2021, 17 teams from South Korea have successfully completed F10’s intensive 6-week Fintech Accelerator programme.
The 6-week programme was run by F10 in partnership with Seoul Fintech Lab, which is funded by the Seoul Metropolitan Government and K Accelerator.
This partnership enhances the global competitiveness of the promising South Korean startups by leveraging F10’s global network of investors, mentors and experts and at the same time, fulfilling Seoul Fintech Lab and K Accelerator’s aim of promoting innovation in the Korean financial industry.
Through the 6 weeks, the 17 startups were introduced to various workshops and masterclasses that covered topics such as pilot/POC, prototyping and fund raising in Singapore, together with guided pitching sessions by Peter Browne.
The programme held its Demo Day on 2nd September where a global audience of investors, corporates and startups attended.
Jonas Thuerig, Country Head of F10 Singapore, said,
“I am fortunate enough to be here personally in Seoul conducting the program and I am impressed with the calibre and quality of these 17 startups.
Our F10 network is wide and we are always on the lookout for partners who share the same goal as us in shaping the future of banking and insurance.”
The 17 South Korean startups are:
Automated Cloud-native PII Protection Service
Niche sector in InsurTech industry with insurance services for Mobility & Pet
Secondhand market which provides a BNPL payment system
SaaS based Supply Chain Finance (SCF) Solution
Global Trade Platform
Digital Banking for eCommerce
Wealth Management Service with GBI FinTech Platform
AI software that automatically converts textual data into digital video content
Global FTA Origin Management System
Supply Chain Financial Service
URL Shortener Solution
Jaye
Quantitative Algorithmic Trading app service
Digital Finance Service specialised in facial recognition