Shinhan Card "Now Apply for Monthly Rent with Card on Zigbang"

Strategic MOU Signed with Real Estate Platform Zigbang
Planning to Establish 'MyWolse' Application Process in Collaboration with Zigbang

[Asia Economy Reporter Ki Ha-young] Shinhan Card announced on the 30th that it has signed a strategic partnership agreement with Zigbang, the number one company in the real estate platform industry.

The two companies held a partnership agreement ceremony at Shinhan Card headquarters in Euljiro, Seoul, attended by Moon Dong-kwon, head of Shinhan Card's Management Planning Group, and Ahn Sung-woo, CEO of Zigbang, among other officials.

Zigbang is Korea's first representative PropTech company, conducting businesses such as real estate brokerage and leasing. PropTech is a term combining Property and Technology, referring to the real estate service industry that integrates information technology.

Through this agreement, Shinhan Card plans to allow customers to apply for the card monthly rent payment service, 'MyWolse,' directly through Zigbang. Launched last month by Shinhan Card, the MyWolse service introduces credit card payments to individual real estate lease transactions, enabling users to pay monthly rent by card even without a balance in their account and settle the payment on the card billing date.

In the future, the two companies agreed to promote joint marketing using their platforms and to pursue a long-term cooperation plan in various areas, including discovering collaborative models based on mutual big data.

Ahn Sung-woo, CEO of Zigbang, stated, "Based on this business agreement, we plan to provide more convenient and useful comprehensive real estate services to customers of both companies."

A Shinhan Card official said, "We hope that through the partnership with Zigbang, which has grown as a leading player in the PropTech field within the traditionally low-tech real estate market, the card monthly rent payment service will establish itself as a payment method in the real estate market."

This content was produced with the assistance of AI translation services.