Pawnt Partners with Hyundai Motor Securities to Expand 'AI Financial Innovation Industry'

Kim Young-bin, CEO of Fount (left), and Choi Byung-chul, CEO of Hyundai Motor Securities (right), are taking a commemorative photo.

[Asia Economy Reporter Minji Lee] AI investment specialist company Fount announced on the 29th that it has signed a partnership agreement (MOU) with Hyundai Motor Securities to expand the 'AI Solution Financial Innovation Project.'

The two companies plan to actively cooperate to provide hyper-personalized customized financial services and digital business. Starting in the second half of this year, they plan to launch related services and products and expand the AI financial innovation project in earnest.

Fount offers a globally diversified asset allocation portfolio customized according to individual investment preferences based on the 'Fount Market Score,' which is calculated using over 52,000 scenarios generated by its proprietary AI algorithm. Its assets under management amount to 870 billion KRW, and more than 20 financial institutions have adopted Fount's AI solutions.

Fount plans to provide customized portfolios, market outlook reports, and post-rebalancing management based on its AI asset management solution to Hyundai Motor Securities' MyData application and asset management consulting support system. In addition, it will develop and offer specialized retirement planning services customized for Hyundai Motor Securities, which has strengths in retirement pensions, as well as one-on-one personalized asset management services based on MyData.

In particular, the two companies intend to continuously cooperate for overall digital transformation by gradually expanding AI technology application to HTS, MTS, pension malls, and more, supporting comprehensive digital asset management based on customized portfolios.

Kim Young-bin, CEO of Fount, said, “Fount provides solutions tailored to each individual's situation, considering not only investment preferences but also age groups and regions (domestic/overseas/global). Through differentiated technology and services, we will grow into an AI asset management solution specialist company that covers the entire financial sector, including banks, insurance companies, and securities firms.”

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