Capital Market Opinion (Ceased)
2015 Jan/20
Fintech and Korea’s Financial Investment Industry
January 20, 2015
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- Summary
- Fintech, meaning the convergence between finance and technology, is a buzzword for 2015. Mobile technology makes it easier for startups to run a business than at any time in history, driving a shift towards the Fintech era where IT makes use of finance. There is no exception to this megatrend, in particular in the global financial investment industries. Fintech increases its presence in every corner of financial markets, even in those regarded as the traditional businesses such as wealth management, brokerage, investment advising, the secondary market, clearing and settlement, etc. Korea is a little bit behind this global trend but now is keeping pace in seeking for opportunities to push Fintech innovation forward.