Spiceware completes a six-week program held by F10 in conjunction with Seoul Fintech Lab and K-Accelerator
In the virtual Demo Day held on September 2nd 2021, 17 innovative teams from South Korea who have successfully completed the intensive 6-week F10 FinTech Accelerator gave their pitches in front of the F10 ecosystem.
The 6-week program was run by F10 in partnership with Seoul FinTech Lab, which is funded by the Seoul Metropolitan Government, and K Accelerator, a FinTech support center based in Seoul. This partnership enhances the global competitiveness of the promising South Korean startups by leveraging F10’s global network of investors, mentors and experts and at the same time, fulfilling Seoul FinTech Lab’s and K Accelerator’s aim of promoting innovation in the Korean financial industry.
Through the 6 weeks, the 17 startups were introduced to various workshops and masterclasses that covered topics such as pilot/POC, prototyping and fund raising in Singapore, together with guided pitching sessions by Peter Browne. The program held its Demo Day on 2nd September where a global audience of investors, corporates and startups attended.
“We are excited for the startups who had completed the F10 program having exposure to an international fintech ecosystem that spans from Zurich to Singapore” said Young Soh, Head of Seoul Fintech Lab.
“I am confident too that the startups are better prepared than before on embarking on a possibility of global expansion’’, added Jae Moon Soh, CEO of K Accelerator.
Jonas Thuerig, Country Head of F10 Singapore, said, “I am fortunate enough to be here personally in Seoul conducting the program and I am impressed with the calibre and quality of these 17 startups. Our F10 network is wide and we are always on the lookout for partners who share the same goal as us in shaping the future of banking and insurance.“
The 17 South Korean startups are:
- Spiceware: Automated Cloud-native PII Protection Service
- Smallticket: Niche sector in InsurTech industry with insurance services for Mobility & Pet
- Openull: D2C BNPL Service for the ‘Smart Consumers’
- Fincatch: Professional cost-saving OMS Service
- CakepLabs: Secondhand market which provides a BNPL payment system
- Fin2B: SaaS based Supply Chain Finance (SCF) Solution
- Fides Advisory: Global Trade Platform
- Artoh: Digital Banking for eCommerce
- Spaceport: Portable smart Cold Storage and IoT device for SMEs
- Cobalt: Social Presentation with Voice
- Buen Camino: Wealth Management Service with GBI FinTech Platform
- Wayne Hills Ventures: AI software that automatically converts textual data into digital video content
- Kord Systems: Global FTA Origin Management System
- SCM Solution: Supply Chain Financial Service
- Tolink: URL Shortener Solution
- Jaye: Quantitative Algorithmic Trading app service
- Metsakuur: Digital Finance Service specialised in facial recognition
Source: https://www.f10.global/press/17-south-korean-fintech-startups-graduate-acceleration-f10
