[MTN News] Woori Finance strengthens supply chain finance for startups and small businesses

[Source] MTN News 2023-07-17 14:33:02

Woori Finance strengthens supply chain finance for startups and small businesses

[Original article] https://news.mtn.co.kr/news-detail/2023071714281876208

At the launching ceremony of the 4th Dino Lab held on the 13th, Woori Financial Group Chief Digital Officer Ok Il-jin, Head of Digital Innovation Department Go Young-soo, and the 4 Dino Lab 4 start-up representatives are taking a commemorative photo. / Photo courtesy of Woori Financial Group

Woori Financial Group strengthens cooperation with startups for financial services for small businesses.

Woori Financial Group announced on the 17th that it held a launching ceremony for the 4th Dino Lab, a startup cooperation program, on the 13th at Dino Lab 1 Center in Seongdong-gu, Seoul.

Representatives of 14 startups selected for the 4th term, Woori Financial Group Chief Digital Officer (CDO) Ok Il-jin, and executives and staff from affiliates such as Woori Bank and Woori Card attended the event.

An official in charge of supply chain financial services at Woori Bank said, "We expect to be able to think about timely financial support services through collaboration with companies that provide or broker services to small businesses."

“We will grow together with startups through practical support such as business cooperation,” said Iljin Ok, executive director of Woori Finance.

The 4th Dino Lab companies are startups in various fields such as fintech, platform, proptech, and ESG, including Nick Company, Lighthouse, Recycle Ledger, Big Tech Plus, XbaX, Whatsup, Worksmate, Winningi, Ija, and Ji. There are 14 such as zkrypto, KRG Group, Four Chains, Piero Company, and Hire X.

Cho Jeong-hyun Money Today Broadcasting MTN Reporter