Azwemake (CEO Sooyoung Son), which operates the food mart DX solution ' Q Market ', announced on the 11th that it has signed a business agreement (MOU) with Korea Credit Information (CEO Taehoon Yoon), a domestic credit management company, and is promoting the establishment of a distribution fintech infrastructure targeting the food distribution market.
This agreement was designed to address structural issues in the food distribution market, where data and financial systems have been limited. The existing market relies heavily on credit transactions, which are based on trust between supermarkets and restaurants. This has led to limitations, such as long-term delinquency, which increases the financial burden on store owners and can lead to suspension of transactions.
Through this partnership, Azwemake aims to expand its service offerings from a platform focused on order and logistics brokerage to a platform-based financial infrastructure that supports transaction stability. To achieve this, it plans to integrate Korea Credit Information's credit management process into the Qmarket system to systematically manage transaction risk.
The two companies will introduce a credit management system based on relevant laws and procedures to mitigate transaction risks. Furthermore, in the event of delinquency, they will focus on restoring normal business relationships rather than simply collecting receivables. Through this, they aim to reduce the management burden on small business owners and foster a data-driven distribution finance environment.
Azwemake's External Cooperation Headquarters stated, "The role of distribution platforms is expanding beyond simple product connection to supporting the sustainability of transactions," adding, "By combining distribution data and credit management infrastructure, we will create an environment where transactions between small business owners can continue stably."
A Korea Credit Information official said, “This attempt to integrate credit management expertise into the traditional distribution sector is very meaningful,” adding, “We will work together to establish a sound trading order and restore commercial relationships.”
Aswemake plans to gradually advance its services by linking distribution data and financial functions in the future, and expand its platform-based distribution fintech model to various industries, starting with the food distribution market.
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