Fintech startup Crosshub (CEO Kim Jae-seol) announced on the 21st that it won the grand prize (Gyeonggi Province Governor's Award) in the preliminary startup and early league finals of the '2025 Gyeonggi Startup Competition G-Star Audition' hosted by Gyeonggi Province on the 2nd.
'G-STAR Audition' is the official startup competition program of 'G-STAR', Korea's largest content fair held annually with the goal of fostering the content industry. Its purpose is to discover and support prospective and early-stage startups with excellent technological prowess and business potential.
In this final round, CrossHub won the grand prize in recognition of its differentiated business performance and technological prowess, based on blockchain and artificial intelligence (AI)-based global identity authentication technology. It is one of the few startups currently conducting proof-of-concept (PoC) trials with major domestic financial institutions.
Founded in 2024, CrossHub attracted seed investment from four major domestic investors within a year of its launch. It also secured a total of KRW 4.6 billion in research and development (R&D) funding through the Korea Credit Guarantee Fund's "Little Penguin Program." Recently, it was selected for the Ministry of SMEs and Startups' "Deep Tech TIPS" program, securing an additional KRW 1.5 billion in R&D funding. This has broadened the foundation for technological advancement and global market entry.
CrossHub is expanding its solutions to include identity authentication, simple payments, international remittances, education, and smart cities, and is focusing on developing fintech services based on decentralized data.
Kim Sang-yoon, CEO of CrossHub, said, “It is significant that we have proven both our technological prowess and business viability by winning 10 startup competitions this year alone,” and added, “We will continue to develop our technology and expand globally to meet market expectations.”
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