KakaoBank announced on the 21st that it held a “2024 Fintech Innovation School” performance-sharing event together with the Korea Fintech Support Center on the 20th.

Fintech Innovation School is a program through which KakaoBank identifies and supports fintech startups to help build a financial social safety net. Through this year’s program, KakaoBank selected 10 outstanding startups in the finance and fintech sectors and provided 1:1 mentoring, IR consulting, and fintech-specialized acceleration support.

At the performance-sharing event, participating companies ran booths and presented their achievements, sharing their technical experiences and knowledge. Lemong, one of the presenting companies, introduced its “AI-based review management platform,” which provides draft replies so busy sole proprietors can respond to customer reviews easily. Worksmate presented its “daily construction job matching service,” which connects construction firms with workers.

The participating companies are also providing a broad range of innovative financial services, including solutions for financially underserved groups such as small business owners, minors, and customer-service counselors, as well as services in investment, security, and fraud/abnormal-transaction detection. Through this program, they achieved notable business results, including KRW 6.86 billion in new investment raised, an average of 10.6 additional hires per company, and a 165.4% year-on-year increase in revenue.

Following the presentations, a donation ceremony was held for a fintech support initiative aimed at strengthening the financial social safety net in 2025. KakaoBank delivered KRW 1.3 billion to the Korea Fintech Support Center to further advance fintech discovery and support programs, bringing its total support over the past three years to KRW 3.7 billion.

A KakaoBank representative said, “We will continue to support Fintech Innovation School so that startups with outstanding technological capabilities can grow,” adding, “By fostering mutual growth with diverse fintech startups, we will keep building a safer financial ecosystem.”