F10, a leading incubator and accelerator program for Fintech startups, has partnered with Seoul Fintech Lab, which is published through the Seoul Metropolitan Government and K Accelerator, a Fintech center based in Seoul. Through this partnership, the two organizations will aim to expand their incubation. program in South Korea.
The program will focus primarily on assisting South Korean fintechs in the start-up phase in their product offerings in order to be well prepared for foreign markets and corporate customers.
F10 will have 10 of the most promising or high-potential startups participate in a 6-week program, starting July 26, 2021.
The program is expected to be positioned in a hybrid format, with four weeks of online courses and an extensive 2-week face-to-face workshop held in Seoul. The sessions will end with a demonstration day, to which startups can contribute their business concepts. a foreign audience.
The latter partnership will aim to help the global competitiveness of South Korean start-ups by taking advantage of F10 networking opportunities. The partnership will also aim to achieve Seoul’s fintech lab and K Accelerator’s purpose of supporting cutting-edge projects in Korea’s monetary facilities sector.
Leveraging F10’s innovation ecosystem, F10 also intends to help those startups achieve their fundraising goals and expand use cases.
Jonas Thuerig, Country Success Lead at F10 Singapore, would be a member of the team guilty of participating and creating opportunities for collaboration between the determined startups and the F10 network.
Thuerig said:
“South Korea’s fintech startup scene is developing and the vast group of talented marketers has a wonderful prospect of transformative and disruptive responses to gain ground in the global monetary sector. We are very pleased to have a marriage with K Accelerator and the Seoul Fintech Lab. “
Young Soh, director of the Seoul Fintech Lab, said:
“Singapore is the country with the call for the launch of Seoul Fintech Lab. Through this collaboration program with F10, Singapore will provide practical assistance to startups to effectively identify themselves in the Singapore and Southeast Asian markets.