'Pundora+The Rich' Integrated Investment Platform Launches

[Asia Economy Reporter Son Sunhee] Koscom is promoting an investor community-based platform business in collaboration with the startup 'Billionaires.'

On the 16th, at the Koscom headquarters in Yeongdeungpo-gu, Seoul, (from left) Lee Su-han and Cho Hyun-ho, co-CEOs of Billionaires, and Kim Sung-hwan, head of Koscom's Digital Business Division, are posing for a commemorative photo after signing a business partnership (MOU) agreement. (Photo by Koscom)

On the morning of the 16th, both parties signed a memorandum of understanding (MOU) on this matter at Koscom's headquarters in Yeongdeungpo-gu, Seoul. Koscom operates its own integrated advisory platform 'Fundora,' while Billionaires runs the investment social service 'TheRich.' Fundora is a mobile service that allows users to subscribe to portfolios from various investment advisory firms and transmit non-face-to-face account openings, advisory contracts, and product orders to securities companies. TheRich is a social investment platform with approximately 450,000 users. Through this agreement, both companies plan to launch a comprehensive investment platform that combines the strengths of the two platforms to create synergy.

Kim Seonghwan, Head of Digital Business Division at Koscom, stated, "Koscom Fundora's financial network and technological capabilities combined with Billionaires TheRich's investor community will launch investor-centered services differentiated from traditional investment media," and added, "We expect a win-win situation for both investors and financial companies."

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