Full-Scale Investment in Promising Innovative Startups... Hana Financial Group Establishes 300 Billion KRW Fund

Operation of Multiple Affiliates and Participation as LP

[Asia Economy Reporter Minwoo Lee] Hana Financial Group is establishing a strategic investment (SI) fund worth 300 billion KRW to nurture venture companies and startups with innovative technologies.

Hana Financial Group announced on the 2nd that it has established the "Hana Beyond Finance Fund." Formed as a new technology business investment association, this fund will be co-managed (Co-GP) by Hana Ventures and Hana Financial Investment. Hana Bank, Hana Card, Hana Capital, Hana Life Insurance, and Hana General Insurance will participate as limited partners (LPs).

The main investment targets are promising domestic and international companies in innovative technology sectors attracting attention as future growth engines, including metaverse (extended virtual world), artificial intelligence (AI), big data, proptech (real estate industry combined with IT), mobility, insurtech (insurance + IT), and healthcare.

Through this fund, Hana Financial Group plans to form a close collaboration network between the invested companies and the group’s major affiliates to support their growth into unicorn companies (unlisted startups valued at over 1 trillion KRW).

Additionally, the group intends to continuously discover innovative companies that can demonstrate synergy effects with its affiliates and establish an open virtuous cycle structure for mutual growth.

A Hana Financial Group official stated, "Through promoting innovative business models based on digital technology and internalizing technology, the 'Hana Beyond Finance Fund' will serve as a catalyst for securing future growth engines amid the rapidly changing financial environment."

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