Fintech Accelerator F10 and Seoul Fintech Lab to Develop their Startup Incubation Program to South Korea

F10, a number one Fintech startup incubator and accelerator program, has teamed up with Seoul Fintech Lab which is supported by the Seoul Metropolitan Authorities and Okay accelerator, a Fintech help heart headquartered in Seoul. By means of the partnership, each organizations will goal to increase their incubation program into South Korea.

This system will primarily give attention to helping early-stage South Korean Fintechs with enhancing their product choices in an effort to be well-prepared for worldwide markets and company purchasers.

F10 will probably be selecting 10 of essentially the most promising or high-potential startups to take part in a 6-week lengthy program, starting on July 26, 2021.

This system is scheduled to run in a hybrid format, with four weeks of on-line courses and an intensive 2-week in-person workshop carried out in Seoul. The classes will conclude with a Demo Day, the place startups can pitch their enterprise concepts to a global viewers.

This newest partnership will goal to assist with enhancing the worldwide competitiveness of South Korea’s startups by profiting from F10’s networking alternatives. The partnership may also goal to fulfil Seoul Fintech Lab‘s and Okay Accelerator’s purpose of supporting progressive tasks within the Korean monetary providers sector.

By leveraging F10’s innovation ecosystem, F10 additionally intends to help these startups with attaining their fundraising targets and likewise with additional growing varied use-cases.

Jonas Thuerig, Nation Success Lead for F10 Singapore, will reportedly be part of the staff that’s tasked with partaking and creating collaborative alternatives between the chosen startups and the F10 community.

Thuerig said:

“The South Korean fintech startup scene is rising quickly and the massive pool of proficient entrepreneurs has huge potential for transformative and disruptive options to realize floor within the monetary business globally. We’re excited to associate with Okay Accelerator and Seoul Fintech Lab.”

Younger Soh, Head of Seoul Fintech Lab, remarked:

“Singapore is the nation with the best demand for Seoul Fintech Lab startups’ to enter. By means of this collaborative program with F10 Singapore will present sensible assist for startups to efficiently settle in Singapore and Southeast Asian markets.”