NH Nonghyup Bank to Collaborate with 25 Promising Startups

Selection of Digital Innovation Partners for 'NH Open Business Hub'

NH Nonghyup Bank announced on May 9 that it has selected 25 startups for the first half of 2025 to collaborate with Nonghyup affiliates through its open innovation program, 'NH Open Business Hub'.

This selection was made through an open call in the first half of the year, with 63 departments from 18 Nonghyup affiliates in the banking, finance, and economic sectors participating. After document screening and offline meetings, collaboration matches were finalized between 15 departments and 25 startups.

The selected 25 startups are expected to drive digital innovation and deliver tangible business results in a variety of fields, including AI and new technology applications, daily life-oriented financial services, blockchain (such as digital wallets and STO), and agri-food tech (including smart agriculture and agricultural product consumption promotion).

Starting with a kickoff day on May 22, these startups will receive benefits such as collaboration opportunities with Nonghyup affiliates, capacity-building and PoC consulting, investment linkage and IR opportunities, and access to workspace within the NH Digital Innovation Campus. Outstanding companies will also receive support for PoC and commercialization funding.

An NH Nonghyup Bank representative stated, "We are actively cooperating with the external ecosystem through open innovation to drive digital financial innovation," and added, "We will continue to expand mutually beneficial cooperation with startups across various fields in the future."

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