December & Company "Fint AI Simulated Investment Service Popular Among Beginner Investors"

[Asia Economy Reporter Minji Lee] December & Company Asset Management, which operates the AI-based simple investment platform ‘Fint’, announced on the 9th that Fint’s ‘simulated investment’ service is lowering the entry barriers to investing and gaining popularity among beginner investors.

Fint is a robo-advisor simple investment platform that allows users to easily and conveniently invest in global assets anytime and anywhere. The AI handles the entire investment process, from constructing and managing a global ETF portfolio tailored to the user’s investment preferences to deposits and withdrawals.

Fint was a pioneer in the robo-advisor industry by launching the ‘simulated investment’ service. Simulated investment is a service that allows users to experience Fint’s management logic in an environment identical to real investing using virtual funds before making actual investments. The AI engine ‘ISAAC’ provides a portfolio tailored to the user’s investment style in advance, allowing users to experience the actual management process first.

When starting simulated investment, a simple survey is conducted to understand the individual’s investment preferences. After selecting the investment method (KRW or USD), a virtual account can be opened, and the virtual deposit amount can be set from a minimum of 200,000 KRW to a maximum of 9,990,000 KRW. Once the deposit is completed, ISAAC immediately proceeds with an investment identical to real investing using the customized portfolio it constructed.

Fint’s simulated investment service has received great response by significantly improving accessibility for beginner investors with no fintech investment experience or customers unfamiliar with robo-advisor services. So far, about 120,000 users have experienced simulated investment, approaching 50% of the total subscribers (250,000), and its popularity continues to grow day by day.

Jung In-young, CEO of December & Company Asset Management, said, “Fint’s simulated investment service provides customers with an investment experience identical to the real one, enhancing understanding and accessibility to AI mobile simple investment, as well as helping to foster a healthy investment culture. If you are planning your financial management with fintech services, we recommend starting with Fint’s simulated investment.”

Meanwhile, December & Company Asset Management raised a total of 60 billion KRW last month, with 30 billion KRW each from KB Securities and NCSoft, and launched a joint venture for an ‘AI simple investment securities firm.’ Going forward, they plan to introduce innovative fintech businesses utilizing AI-based securities services and MyData through the Fint platform.

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