Pint, AI Discretionary Investment AUM Increases by 43 Billion in the First Half of the Year

December & Company, which operates the AI-based easy investment platform fint, announced on the 19th that fint accounts for a significant portion of the increase in robo-advisor discretionary investment net assets under management (AUM) in the first half of this year.

According to disclosures by the Korea Financial Investment Association and the Koscom Robo-Advisor (RA) Testbed Center, the total increase in domestic RA discretionary investment AUM from January to June this year was KRW 43.187 billion. The amount of increase flowing into fint was KRW 43.069 billion. In the first half of the year alone, a total of 7,950 new RA discretionary contracts were signed, with 7,140 investors, accounting for 89.8% of the total, starting their investments through fint.

The main factors behind this rapid growth are the prompt introduction of various investment strategies tailored to customer needs and the use of artificial intelligence to support customers' sustainable investment activities amid the rapidly changing investment market.

Up to the first half of this year, fint has achieved a cumulative discretionary investment AUM of approximately KRW 175.5 billion and about 122,000 contract holders. Its market share stands at 58% and 80%, respectively, maintaining the number one position in the RA market since the service launch in 2019. It has firmly established itself as a leading domestic AI investment service with both stability and profitability.

Fint plans to continue its strong performance with the RA retirement pension discretionary service scheduled to be launched in the second half of the year. Based on its accumulated experience and technological capabilities in AI long-term investment management, as well as its unique stability and reliability, it aims to lead a paradigm shift in the retirement pension market.

Song In-seong, CEO of December & Company, said, "The winds of change and innovation in the investment market are intensifying, and fint, the leading robo-advisor service, is at the center of this." He added, "As many customers who start AI investments trust and choose fint, we will repay them with differentiated financial investment services."

Amid growing interest in the status of financial sector partnerships for RA companies providing robo-advisor retirement pension discretionary services, December & Company has secured partnerships with a total of nine financial institutions, including three major large banks and six major securities firms. Discussions are also underway for additional partnerships with retirement pension providers. It is expected to secure the largest number of retirement pension providers in the RA industry.

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