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Busan Fintech Hub Hosts 2025 Performance-Sharing Event as Digital Finance Firms Show Strong Growth

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Busan Metropolitan City (Mayor Park Heong-joon) announced that the Busan Fintech Hub has been driving the growth of financial technology companies—including fintech, big data, and artificial intelligence—and delivering visible results as an “Asian fintech innovation hub.”

The city will host the “2025 Busan Fintech Hub Performance-Sharing Event” today (December 12) at 4:00 p.m. at the Busan International Finance Center (BIFC), together with tenant companies and partner institutions, to disseminate annual achievements and strengthen the industry–government cooperation framework.

The event will consist of a corporate roundtable, a Busan Fintech Hub performance report, presentations of outstanding corporate cases, and networking sessions. In particular, the corporate roundtable will bring together the Director of Financial Startup Policy, representatives of tenant companies, financial institutions, and major partner organizations to discuss regulatory improvements and support policies based on on-the-ground feedback.

Established in 2019 at the Busan International Finance Center (BIFC) and expanded in 2022 to the Busan Chamber of Commerce and Industry, the Busan Fintech Hub currently hosts 50 companies and serves as a regional incubator for the fintech industry, providing one-stop support from early-stage startups to scale-up growth.

This year, the Busan Fintech Hub has drawn attention for the explosive growth of its tenant companies. Since its opening, the cumulative number of supported tenant companies has reached 116. The projected annual revenue of tenant companies this year is expected to reach KRW 113.5 billion, representing more than a twofold increase (129 percent growth) compared to last year’s revenue of KRW 49.5 billion.

Investment attraction performance has also been notable. The total amount of investment and financing secured this year reached KRW 24.6 billion, more than six times the amount recorded in 2020 (KRW 4.0 billion) during the early stage of hub operations. This achievement is widely regarded as evidence that the hub has established a solid foundation for rapid growth in a short period of time.

Tenant companies have also continued to produce concrete success stories. ATAD Co., Ltd., an artificial intelligence (AI)-based multi-cloud autonomous operations platform company, secured KRW 4.0 billion in investment during the seed and pre-A stages. The company has demonstrated steep growth, surpassing KRW 6.0 billion in cumulative revenue as of the third quarter and securing 32 patents. Through the development of a global payment system, ATAD is accelerating its expansion into overseas business-to-business (B2B) markets.

Haenaem Co., Ltd. operates “ODAL,” a project-based talent-matching platform, and has exceeded 1,000 participating Busan-based young professionals, contributing to the creation of a local talent–company matching ecosystem. Going forward, the company plans to expand its service scope by incorporating fintech functions such as performance-based settlement and automated payments.

Behind these achievements lies Busan Metropolitan City’s “customized, stage-based support system.” The city has provided data marketing and professional workforce training for early-stage companies; support for core development personnel and global market entry for promising companies; and investment attraction and innovation consulting for growth-stage companies.

In particular, leveraging Busan’s strengths as a maritime and port city, the city has intensively fostered regionally specialized digital finance services such as “ship carbon emission credit trading” and “AI-based cargo insurance automation,” supporting companies in pioneering new markets.

Lee Jin-soo, Director of Financial Startup Policy at Busan Metropolitan City, stated, “Since its opening, the Busan Fintech Hub has supported 116 companies and established itself as the centerpiece of the regional fintech ecosystem, promoting corporate growth and technological innovation.” He added, “We will continue to actively support tenant companies in increasing revenue, creating jobs, and advancing business models, and based on these achievements, we will concentrate all our efforts next year on taking the Busan Fintech Hub to the next level as a global fintech hub.”