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Busan Metropolitan City Hosts the '2025 Busan Fintech Hub CEO Meeting'... Appointment of New Partners and More

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□ Busan Metropolitan City (Mayor Park Heong-joon) announced that it will hold the '2025 Busan Fintech Hub CEO Meeting' today (July 14) at 4:00 PM at the Busan International Finance Center (BIFC).

○ The event will be attended by the City, resident companies of the Busan Fintech Hub, related partners*, the Busan Startup Investment Agency, and the Korea Exchange.
*Supporting partners in areas such as corporate business model consulting, data operations, and strategic planning.

□ The Busan Fintech Hub was established by the City in 2019 at the BIFC and the Busan Chamber of Commerce and Industry to support the early settlement and scaling up of financial technology (fintech) companies.

○ The hub provides tailored professional development programs according to company growth stages, including the operation of a financial data lab, corporate marketing and advisory consulting, and specialized developer training programs. A total of 48 companies are currently housed within the hub.

□ This event will serve to review the growth performance of resident companies at the Busan Fintech Hub for the first half of the year and to appoint new partners to support corporate growth. The program includes the following:
▲ Corporate performance review for the first half of the year
▲ Appointment of new partners
▲ Awards for high-growth companies by sector (sales, employment, business development)
▲ Introduction of programs by the Busan Startup Investment Agency and the Korea Exchange

□ Notably, BNK Venture Investment, Dayone Company, and consulting firms will be newly appointed as partners to support corporate growth. The event will also include discussions on the development direction of the financial technology (fintech) industry in Busan.
This gathering is expected to strengthen networking and collaboration opportunities among resident companies.

□ Since the hub's opening in October 2019, a cumulative total of 107 companies have been housed at the Busan Fintech Hub. Among these, more than 30 companies (30%) have recorded more than double the revenue after moving in.
The cumulative revenue of these companies has reached KRW 209.9 billion, and the total volume of investments and loans secured increased significantly from KRW 4 billion in 2020 to KRW 71.2 billion by the end of 2024.

○ The Busan Fintech Hub continues to generate competitive companies through business model advancement and diversified collaborations among companies. These firms are actively attracting investment and expanding into overseas markets.
Building upon this momentum, the City plans to establish a dedicated space for promising fintech companies on the third floor of the BIFC to support corporate scale-up and enhance regional competitiveness.

○ Through collaboration with major leading corporations and financial institutions such as Planet IBK, IBK Industrial Bank of Korea, BNK Financial Group, Korea Development Bank, and the Korea Credit Guarantee Fund, the hub is advancing data-driven marketing, business model innovation, and investment attraction support.
These partnerships are further solidifying the ecosystem of the Busan Fintech Hub and revitalizing the local economy.

○ As of July 1, 2025, a total of 48 companies are housed at the Busan Fintech Hub, with combined sales amounting to KRW 49.5 billion.

□ Nam Dong-woo, Director General of Financial Startups Policy at the City, stated,
“Through this CEO meeting, we aim to lead the convergence of fintech with various industries and expand the Busan Fintech Hub ecosystem nationwide beyond the local level, paving the way for Busan to grow as a digital financial city.”