Gwangju Bank Signs Investment Agreement with Vietnamese Fintech Platform "Infina"

Gwangju Bank Building.

Gwangju Bank announced on the 25th that it has recently signed an investment agreement for a strategic partnership with the Vietnamese fintech platform "Infina," marking the official start of its entry into the Vietnamese digital finance market.

Infina is a fintech platform focused on asset management that is rapidly growing in Vietnam, particularly among people in their 20s and 30s who are accustomed to mobile and digital environments. Its growth potential has been recognized through investments from global venture capital firms such as Y Combinator and Sequoia Capital.

JB Securities Vietnam, a subsidiary of Gwangju Bank, has already achieved significant results through its collaboration with Infina, including a substantial increase in the opening and usage of securities accounts. With this investment, Gwangju Bank aims to further strengthen its cooperation with the fintech platform, accelerate the expansion of its customer base, and diversify its overseas business operations.

Gwangju Bank plans to leverage its local platform network for marketing, noting the large number of Vietnamese nationals residing in the Gwangju and Jeonnam regions. In addition, the bank intends to expand its tailored financial services for foreign customers planning to enter Korea.

In February, Gwangju Bank became the first financial institution in the Gwangju and Jeonnam regions to open a "Foreign Customer Financial Center" in Heukseok-dong, Gwangsan-gu. The bank has assigned foreign staff from four countries (Vietnam, Indonesia, Nepal, and Mongolia) to its service counters and established a real-time interpretation and translation service system supporting 38 languages, helping to overcome language barriers and receiving positive feedback from many foreign financial consumers.

A Gwangju Bank representative stated, "Infina is a partner with both technological capabilities and strong platform management expertise," adding, "Through this investment, we will expand our presence in the Vietnamese digital finance market and continue to strengthen our collaboration with global fintech platforms."

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