Naver Cloud Selected as Financial Cloud Support Project Provider for 2 Consecutive Years

[Asia Economy Reporter Kang Nahum] Naver Cloud announced on the 20th that it has been selected for the second consecutive year as a 'Cloud Service Provider for the 2021 Financial Cloud Support Project.'

The Financial Cloud Support Project is operated under the supervision of the Financial Services Commission and the Korea Fintech Support Center. It helps small and medium fintech companies develop and operate innovative services based on a secure financial cloud environment.

Naver Cloud was selected as a cloud service provider due to its highly regarded experience in supporting a wide range of financial and fintech services from fintech startups to first-tier financial institutions, expanding its know-how.

This year, Naver Cloud plans to cooperate with Koscom to assist more fintech demand companies in adopting cloud services and support financial digital transformation.

The support project accepts applications from small and medium fintech companies, reviews business suitability and appropriateness, and selects 60 companies for support. Selected companies receive vouchers allowing them to use Naver Cloud Platform's financial cloud services up to 8 million KRW per month and up to 96 million KRW annually. Security consulting and customized migration and construction services are provided to interested companies.

Kim Taechang, Executive Vice President in charge of Cloud Business at Naver Cloud, said, "We will faithfully perform the role of a trusted partner in the rapidly changing financial industry, not just by providing simple infrastructure but through the experience and know-how that only Naver Cloud can offer."

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