December & Company Asset Management Obtains Full License as MyData Operator

First in Mobile AI Discretionary Investment Industry
'Fint' Plans to Offer Various Services Linked to MyData
Establishing Foundation to Become a Personalized Comprehensive Financial Platform

[Asia Economy Reporter Minji Lee] December & Company Asset Management announced on the 14th that it has obtained the main license for the MyData (personal credit information management) business from the Financial Services Commission.

December & Company Asset Management provides AI-based non-face-to-face discretionary investment services through its self-developed mobile app "Fint," offering AI-based simple investment services. The company is the first in the related industry to acquire the main MyData business license.

MyData refers to a service that allows individuals to fully own the rights to manage and control their personal information, actively utilizing it for credit or asset management, thereby guaranteeing personal information sovereignty. Only companies that have obtained the business license can, with customer consent, analyze each customer's financial status and consumption patterns to recommend data-driven customized financial services, helping customers manage their assets and credit.

With this license acquisition, December & Company Asset Management plans to introduce advanced personalized financial services by adding customers' MyData to the simple investment services provided through the Fint app. Upcoming services will be offered in various forms, linking the main business (personal credit information business) and concurrent businesses (discretionary investment, advisory, electronic finance) and ancillary businesses (advertising, promotion, consulting on financial products) as permitted under the personal credit information business, as well as open banking, with MyData.

December & Company has already completed the necessary security and internal system setup for launching the MyData service and is accelerating development to launch a hyper-personalized AI Private Banker (AI PB) service that provides a new experience in personalized finance.

Jung In-young, CEO of December & Company Asset Management, said, "With the acquisition of the MyData license, we can provide more customized financial services by utilizing each customer's investment tendencies, financial status, and consumption patterns," adding, "December & Company will continue to offer diverse services that make investing easy in daily life, reducing the burden of investment and helping to resolve concerns."

Meanwhile, Fint, which has shown rapid growth since its service launch, recently surpassed 550,000 cumulative members, 140,000 discretionary investment accounts, and 81 billion KRW in assets under management (AUM), proving its position as a leading simple investment financial platform in Korea.

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