Galaxia Moneytree Receives Minister of Trade, Industry and Energy Commendation at New Growth Management Awards

[Asia Economy Reporter Yoo Hyun-seok] Fintech specialist company Galaxia Moneytree announced on the 17th that it received the Minister of Trade, Industry and Energy Commendation in the Information and Communication Technology category at the 17th Korea New Growth Management Awards.

The Korea New Growth Management Awards is an event that selects companies with new growth engines and global competitiveness in the era of the 4th Industrial Revolution. It rewards companies that have contributed to discovering next-generation growth engines, fostering leading new businesses, and realizing innovative growth.

Galaxia Moneytree is a fintech company that developed innovative technologies, starting with an electronic payment system service that integrates all payment methods such as mobile micropayments, credit cards, and account transfers, as well as developing and distributing mobile department store gift certificates and payment methods based on convenience stores.

The company was highly evaluated for contributing to the innovation of O2O payment services through the development of the new concept payment method "Convenience Store Payment," which allows ordering online and paying at convenience stores, and the lifestyle finance platform "Moneytree" application. The convenience store payment service also supports overseas remittances, leading to a rapid increase in usage by foreigners residing in Korea.

Moneytree is a global digital asset exchange (Digital Value Exchanger) platform that converts various points, gift certificates, and coupons such as OK Cashback and L Point into cash.

The exchanged cash can be withdrawn from ATMs (Automated Teller Machines) or used directly for simple payments at convenience stores, cafes, and other places. Recently, the virtual currency "Jobssal" issued by Moneytree was listed on the GOPAX exchange, further expanding the scope of asset exchange within Moneytree. Along with this, Galaxia Moneytree is also contributing to the activation of Korea's fintech industry by providing composite payment services with Zero Pay.

Kim Yong-kwang, CEO of Galaxia Moneytree, stated, "Until now, we have focused on B2B business centered on electronic payment, but going forward, based on Moneytree, we will newly develop and provide lifestyle financial services and various fintech businesses that allow customers to use diverse digital assets more easily and conveniently.”

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