KSD Hosts the 7th K-Camp IR Concert

[Asia Economy Reporter Oh Ju-yeon] The Korea Securities Depository announced on the 4th that it held the '7th K-Camp IR Concert' on the 3rd at the Korea Securities Depository Seoul building to support follow-up funding for successful crowdfunding companies.

On this day, 9 successful crowdfunding companies including Smart Fintech and over 40 investors from SparkLabs, Asan Nanum Foundation Startup Center, and others participated in the IR concert.

This event was held in a non-face-to-face manner reflecting the COVID-19 situation, and after IR presentations by 9 pre-selected successful funding companies based on strict criteria, the event proceeded with Q&A sessions from professional investors such as venture capitalists (VCs) and accelerators (ACs), as well as the provision of letters of intent for investment.

Lee Myung-ho, President of the Korea Securities Depository, stated, "We plan to closely cooperate with related organizations to develop the K-Camp IR Concert into a more practical and helpful event, and to collaborate with policy authorities so that the crowdfunding development plan announced by the Financial Services Commission last June can be institutionalized and settled early."

The representative of a successful funding company participating in the IR concert said, "Today's IR concert was like a rain in a drought for innovative startup companies whose survival is threatened by COVID-19, and we hope this will lead to follow-up investment attraction."

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