Woori Financial Group Selects 17 Startups for 'DinoLab Integrated 2nd Cohort'

Selected in 7 Fields Including ESG, Fintech, and Proptech

[Asia Economy Reporter Kim Jin-ho] Woori Financial Group announced on the 4th that it has selected 17 companies for the integrated 2nd batch to participate in the startup collaboration program 'Dino Lab.'

A total of 274 startups applied for the integrated 2nd batch of Dino Lab. After evaluation by a panel of 14 internal and external experts, including Woori Financial Group's field practitioners, venture capitalists, and representatives from global IT companies, 17 companies were finally selected.

Woori Financial Group selected startups for the integrated 2nd batch of Dino Lab across seven sectors. Beyond traditional fintech, they plan to collaborate with startups in various fields such as e-commerce, fintech, platforms, ESG (environment, social, and governance), proptech (real estate technology), blockchain, and data.

The final selected companies will receive support for one year starting next month, including ▲independent office space ▲financial IT education from Woori Financial Group's IT practitioners ▲capacity-building programs from external experts such as venture capitalists, tax accountants, and professional marketers ▲investment attraction and commercialization ▲entry into the New Southern Market through Dino Lab Vietnam ▲business cooperation with Woori Financial Group subsidiaries.

A venture capital judge who participated as a panelist said, “The evaluation focused on finding collaboration models between startups and Woori Financial Group,” adding, “Through collaboration with external companies in various fields, Woori Financial Group is expected to achieve true open innovation.”

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