Shinhan Card Launches 5th Cohort of 'I'm Ventures' for Innovative Finance
7 In-house Venture and Startup Teams Hold Launch Ceremony via Untact Video Conference
[Asia Economy Reporter Ki Ha-young] Shinhan Card announced on the 28th that it held the launch ceremony for the 5th batch of 'I'm Ventures,' an in-house venture and startup incubation program, through an untact video conference.
The launch ceremony held at Shinhan Card headquarters in Jung-gu, Seoul, was attended by Moon Dong-kwon, Head of Shinhan Card's Management Planning Group, in-house venture employees, and startup representatives.
The 5th batch of I'm Ventures consists of a total of seven teams: four startups including a tax solution for SOHO business owners and a mobility battery exchange platform, and three in-house ventures including a math learning solution. They plan to incubate and achieve visible results in their business models by the end of this year.
Shinhan Card plans to collaborate with the startup 'HowToBizLab,' which handles tax bookkeeping services, to provide various services such as tax services and advanced credit evaluation (CB) for individual business owners targeting Shinhan Card MyShop franchisees. Additionally, they will work with 'Korea Financial Solution,' which offers loan comparison services, to develop a blockchain-based non-face-to-face identity verification solution.
With the startup 'Aims,' which operates a battery exchange platform, they will develop new partnership models necessary for electric scooter purchases and battery subscription services. Furthermore, together with 'The Six Day,' a startup offering customized products for pet dogs, they plan to discover new opportunities through differentiated market research based on joint big data analysis.
The in-house venture teams consist of three teams: 'Paydays,' which provides dedicated financial services for gig workers; 'Before Shopping,' which offers customized shopping information through hashtags; and 'MATH PT,' a personalized math learning management platform. They plan to deepen their business models.
Moon Dong-kwon, Head of Shinhan Card's Management Planning Group, said, "Through the launch of the 5th batch of I'm Ventures, we expect to discover new growth engines and activate a challenging organizational culture, contributing to innovative financial growth."
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Meanwhile, since 2016, Shinhan Card has discovered a total of 16 ideas through its in-house venture system and has commercialized six projects, including the wedding O2O platform All That Wedding. Since 2018, it has been operating a startup support program that collaborates not only with in-house ventures but also with external startups.
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