On September 11, 2024, Seoul Fintech Lab successfully hosted the “Japan IR” program in Tokyo, Japan. The event was designed to support resident and graduate companies of Seoul Fintech Lab in their efforts to enter the Japanese market. The participating companies aimed to secure overseas investment, establish foreign branches, and enter the market.
A total of eight companies participated in the event, including five resident companies – SoftLanders, Meraki Place, Evo M&A, Korea Law Data, and Korea Securities Lending, as well as three graduate companies – InnoBat, BC Labs, and MOIN. These companies engaged in pitching and networking sessions with Japanese investors and startup support organizations, exploring potential opportunities for entering the Japanese market.
Seoul Fintech Lab provided tailored mentoring for the Japanese market, along with support for creating customized IR presentation materials for participating companies. Travel and accommodation expenses were also covered. In particular, in-depth business meetings with Japanese investors and networking sessions, which extended late into the evening, helped strengthen partnerships with local organizations.
The Head of Seoul Fintech Lab commented, “This Japan IR program was highly beneficial for participating companies, helping them better understand the Japanese market and build substantial collaborative relationships. The companies received positive responses from Japanese investors and institutions, which we believe will lead to successful international expansion.”
One of the participants, Han Man-ju, CEO of SoftLanders, said, “Japanese investors were deeply impressed by our innovative fintech solutions. This event was a valuable opportunity to showcase the competitiveness of Korean fintech companies on the global stage.”
In addition, a Shinhan Futures Lab representative noted, “The Japan IR program was an excellent opportunity to highlight the innovation of Korean fintech companies in the rapidly digitizing Japanese market. We plan to continue actively supporting these companies by leveraging our channels and networks in Japan.”
Following the success of this program, Seoul Fintech Lab plans to regularize the Japan IR event and expand support for more fintech companies looking to enter overseas markets. This will include initiatives such as pre-market entry seminars, partnership programs with international accelerators, and shared booths at international exhibitions and trade shows.
Seoul Fintech Lab, established and managed by the Seoul Metropolitan Government, is Korea’s largest startup support facility for fintech companies. As of the first quarter of 2024, the lab hosts 100 fintech startups and 1,800 entrepreneurs. The companies benefit from office space, tailored mentoring, investment attraction, and overseas market entry support. In 2023 alone, resident companies generated ₩118.8 billion in total revenue, attracted ₩106.6 billion in investments, and created 709 new jobs.
Seoul Fintech Lab recruits new resident and membership fintech companies every year, with further details available on the Seoul Fintech Lab website.
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Country: South Korea
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