GhostPass Co., Ltd., a company specializing in biometric authentication and payment solutions, announced on the 4th that it was finally selected for the '2025 Samsung Financial Group C-Lab Outside', an open innovation program jointly operated by four affiliates of Samsung Financial Group, including Samsung Life Insurance, Samsung Fire & Marine Insurance, Samsung Card, and Samsung Securities, and Samsung Venture Investment.
With this selection, GhostPass will conduct a PoC (proof of concept) for ‘biometric information-based payment’ with Samsung Card and receive both commercialization funding and acceleration support. Through this, they plan to verify the actual commercialization potential and explore future joint commercialization opportunities.
Ghostpass has decentralized remote biometric authentication technology that stores user biometric information only on personal smartphones, not on central servers. The technology features security that fundamentally blocks the possibility of information leakage due to server hacking, and its related technology has been recognized externally by winning ▲2024 Minister of SMEs and Startups Award ▲2025 CES Fintech Best Innovation Award. In particular, it was the first biometric authentication technology to win the Best Innovation Award in the CES Fintech category.
Additionally, GhostPass has been selected for the Ministry of SMEs and Startups' 'Super Gap Startup 1000+' program and is expected to receive up to 600 million won in commercialization support over the next three years.
Samsung Financial C-Lab Outside is an open innovation program where startups and Samsung Financial affiliates’ executives jointly plan business models, and link them to proof of concept (PoC), investment attraction, and global expansion. Through this program, Ghostpass plans to test the technical completeness and marketability of a biometric authentication payment model based on Samsung Card’s payment infrastructure.
Lee Seon-gwan, CEO of Ghostpass, said, “Through this collaboration, we will strive to establish remote biometric authentication technology as a new payment standard in the domestic and international fintech markets.”
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