Hana Bank and Orange Planet Sign Business Agreement to Foster Startups

Hana Bank announced on the 21st that it has established a strategic partnership with Orange Planet to support the growth of startups by linking 'finance and gaming' and signed a business agreement to foster and discover startups. Hwang Bo-hyun-woo, Head of Data & Partnership Investment Division at Hana Bank (left), and Seo Sang-bong, Director of Orange Planet, are taking a commemorative photo at the signing ceremony.

[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 21st that it has established a strategic partnership with Orange Planet to support the growth of startups by linking 'finance and games' and signed a business agreement to nurture and discover startups.

Hana Bank established the ‘Hana 1Q Agile Lab’ in 2015 with the purpose of win-win cooperation through startup support and discovering new businesses related to everyday finance. To date, it has discovered and nurtured a total of 134 companies across 12 cohorts, creating various successful collaboration cases.

‘Orange Planet’ is a startup foundation established by Smilegate, a leading company in the domestic game market, to support next-generation entrepreneurs. Since 2014, it has supported a total of 272 startups, achieved a cumulative investment amount of 443.3 billion KRW, and created about 4,000 jobs. In addition, it has expanded its startup support programs, which were concentrated in the metropolitan area, to regional centers such as Busan and Jeonju, contributing to the development of regional startups.

Through this business agreement, the two companies will collaborate on ▲ space cooperation by having ‘Hana 1Q Agile Lab’ move into the dedicated office of ‘Orange Planet’ ▲ joint investment in startups to support the growth of innovative companies ▲ cooperation in startup nurturing and support programs, and plan to further expand the scope of cooperation in the future.

A representative from Hana Bank’s Data & Partnership Investment Headquarters said, “We expect to increase the success potential of domestic startups through the startup discovery and nurturing programs of Hana 1Q Agile Lab and Orange Planet,” and added, “We will continue to pursue the establishment of a platform ecosystem in daily life by aiming to become a digital company through cooperation with different industries.”

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