Finger Co., Ltd. - Condor Co., Ltd. Sign Business Cooperation MOU for Payment Business Promotion and Expansion of Overseas Business in Vietnam

Finger Inc., a fintech company listed on KOSDAQ, announced on the 24th that it has signed a Memorandum of Understanding (MOU) with Condor Inc., a blockchain-based integrated payment platform company, to expand its overseas business in Vietnam.

The reviewed business cooperation includes key initiatives such as promoting a bilateral payment business between Korea and Vietnam through linking and utilizing both companies' platforms, and pursuing additional projects like building a metaverse platform targeting the Vietnamese tourism market.

As a priority project, to promote the bilateral payment business between Korea and Vietnam, Finger Inc. and Condor Inc. are jointly advancing the enhancement of Finger’s overseas remittance service (Rele Transfer), and plan to discuss ways to implement an online/offline payment platform for both Korea and Vietnam linked with the remittance service.

On the day of the agreement, representatives from Finger Inc., Condor Inc., and the Secretary-General of the Vietnam Tourism Office in Korea attended together to exchange ideas on additional projects that can be promoted in collaboration with Vietnamese local governments and the tourism market (such as linking a metaverse platform for Vietnamese tourist areas), discussing step-by-step approaches for overseas business in Vietnam.

Through this MOU, both companies agreed on the common goal of expanding overseas business in the Vietnamese market, which is emerging as a fintech service market, and plan to promote the establishment of various business models and overseas service activities.

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