"Looking for Fintech Business Ideas"... Financial Services Commission Fintech Contest

Special Benefits for Awardees Including Startup and Investment Support

[Asia Economy Reporter Kim Hyo-jin] The Financial Services Commission announced on the 17th that it will hold the 3rd 'Fintech Idea Contest' aimed at discovering creative and innovative ideas related to fintech business models.

The contest is hosted by the Financial Services Commission and organized by the Korea Fintech Support Center.

This contest is divided into two categories: Business and Idea.

The Business category targets individuals or teams (up to 3 members) engaged in fintech-related businesses such as financial institutions, fintech companies, and research institutes who have commercialization ideas.

The Idea category targets individuals or teams (up to 3 members) such as students and prospective entrepreneurs who have no startup experience as of the announcement deadline.

The Financial Services Commission will select about eight winners in each category and provide a total prize of approximately 100 million KRW along with special benefits such as support for employment, startup, and investment.

The application deadline is until the 12th of next month. The results of the document screening will be announced on the 26th of the same month. The final announcement and awards ceremony will be held on November 12th at the Front1 Auditorium in Mapo-gu, Seoul (tentative).

Applicants can download the application form from the Fintech Portal website (www.fintech.or.kr), fill it out, and submit it via email (contest@fintech.or.kr).

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