Mesacure Company announced that it has been selected for the third round of the "K-Fintech 30" fintech incubation program, hosted by the Financial Services Commission and organized by the Korea Fintech Support Center. "K-Fintech 30" is a program that will annually discover promising fintech companies and support a total of 30 companies from 2023 to 2025. Selection is made through a comprehensive evaluation of innovation, business viability, scalability, and global growth potential.
This year's third round of selection focused on technologies that will accelerate the digital financial transformation, including financial security and authentication, data-based services, and financial service efficiency. Mesacure Company reportedly received high marks for its digital ID technology, AI-based identity verification and fraud detection technology, operational experience in the financial and public sectors, and potential for overseas market expansion.
With this selection, the company will receive support across the entire scale-up process, including preferential policy financing, expanded collaboration opportunities with financial institutions, support for attracting investment and expanding overseas, and access to the financial regulatory sandbox. Through this support, Mesacure Company plans to strengthen its R&D investment and expand its global infrastructure, and pursue new projects such as digital IDs, AI authentication, and mobile identity verification based on collaboration with financial institutions and public institutions.
In addition, the company presented a strategy to secure overseas references by making a full-scale entry into the growing global digital ID market, centered around the Middle East and Southeast Asia, while also expanding technology partnerships with global security and cloud companies to accelerate its overseas market conquest.
Mesacure Company CEO Lee Ji-hoon said that this selection is meaningful in that it publicly recognizes the company's technological prowess, growth potential, and contribution to the digital finance industry, and that he will strengthen collaboration with domestic and international financial institutions, public institutions, and global partners to build a safe and convenient digital ID ecosystem.
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