Korea Exchange Partners with Seoul City... "Actively Supporting Fintech Listings"

Various Supports Planned to Revitalize KOSDAQ and KONEX Markets

[Asia Economy Reporter Minwoo Lee] The Korea Exchange (KRX) is joining hands with the Seoul Metropolitan Government to actively support the listing of fintech (finance + technology) companies.

The Korea Exchange announced on the 10th that it has signed a "Business Agreement to Support the Activation of Listings for Outstanding Fintech Companies" with the Seoul Metropolitan Government.

Accordingly, both organizations will collaborate to discover and nurture fintech companies. The Korea Exchange plans to provide consulting, educational activities, listing briefings, and corporate IR support to help fintech companies actively list on the KOSDAQ and KONEX markets. The Seoul Metropolitan Government supports the growth of domestic and international fintech companies by providing workspaces and mentoring through its affiliate, Seoul Fintech Lab.

The Korea Exchange plans to continuously strengthen its cooperation with the Seoul Metropolitan Government to ensure that the fintech industry becomes a representative industry of the Republic of Korea through an organic connection between the fintech industry and the capital market.

Hong Soon-wook, Head of the KOSDAQ Market Division at the Korea Exchange, said, "Through this agreement, we hope that many outstanding fintech companies will use listing on the KOSDAQ and KONEX markets as a stepping stone to develop into excellent innovative companies."

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