The Korea Fintech Industry Association announced on November 9 that it had signed a memorandum of understanding (MOU) with Openknowl and Seoul Global Center at O2 Tower in Yeouido, Seoul, to strengthen the competitiveness of the fintech industry and develop global talent.


From left, Openknowl CEO Kwon Intaek, Korea Fintech Industry Association Chairman Kim Jonghyun, and Seoul Global Center Director Kwon Bogeun pose for a photo at the business agreement signing ceremony. Korea Fintech Industry Association

From left, Openknowl CEO Kwon Intaek, Korea Fintech Industry Association Chairman Kim Jonghyun, and Seoul Global Center Director Kwon Bogeun pose for a photo at the business agreement signing ceremony. Korea Fintech Industry Association

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Attendees at the signing ceremony included Kim Jonghyun, chairman of the Korea Fintech Industry Association and CEO of COOCON; Kwon Intaek, CEO of Openknowl; and Kwon Bogeun, director of Seoul Global Center. The agreement was established to support the growth of fintech companies and help them secure talent, while expanding opportunities for foreign talent to enter Korea's financial and fintech industries.


Under the agreement, the three organizations will cooperate in various areas, including supporting and nurturing fintech startups; strengthening foreign nationals' capabilities in employment, entrepreneurship, finance, and fintech; improving foreign talent's access to financial services; and exchanging and using the organizations' expertise, information, and networks.


To this end, the three organizations will draw on the Korea Fintech Industry Association's networks across the fintech industry and its member companies, Openknowl's experience in talent matching and employment and entrepreneurship support, and Seoul Global Center's expertise in supporting foreign nationals. They will work together to connect fintech companies' talent needs with foreign talent and support startup growth.


Kim Jonghyun, chairman of the Korea Fintech Industry Association and CEO of COOCON, said, "For the fintech industry to grow sustainably and strengthen its global competitiveness, it is important to identify outstanding talent and create an environment where they can apply their skills in the industry. I hope this agreement will lead to tangible results, including the recruitment of outstanding talent by our member companies."



Kwon Intaek, CEO of Openknowl, said, "I hope this agreement leads to practical cooperation that supports the growth of fintech startups and helps them secure talent. Building on Openknowl's capabilities in AI-based talent matching and employment and entrepreneurship support, we will work with the relevant organizations to contribute to the growth of fintech companies and the development of the industry ecosystem."


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