Finger , a SaaS (Software as a Service) platform specialist, announced that it has signed a strategic business agreement (MOU) with Hanpass , a foreign lifestyle finance platform company, to advance overseas remittance services and cooperate on foreign exchange technology.
Under this agreement, Finger plans to transplant its small overseas remittance service, ReLe Transfer, to Hanpass and apply its financial IT technology to Hanpass’s foreign exchange service. The two companies plan to gradually advance the remittance system and improve the quality of financial services for foreigners.
Finger is a fintech company that has been providing digital solutions for the financial sector since its establishment in 2000, and possesses various financial IT technologies such as mobile and internet banking, payment and settlement, and financial data analysis. 'ReleTransfer' is a representative service that concentrates Finger's technological prowess, and is equipped with a user-friendly UI, real-time exchange rate reflection function, and fee refund system, and currently allows remittances to over 25 countries.
Hanpass is an overseas small remittance and simple payment service company that targets foreigners and overseas Koreans living in Korea as its main customers, and provides financial, administrative, and loan services for foreigners. It is accelerating its expansion into the global market through recent Series D investment from the Industrial Bank of Korea and partnership with Vietnam's BIDV Bank.
Based on this agreement, Hanpass plans to strengthen the quality of its foreign exchange services based on its operational experience and technology of ‘Release Transfer’ and accelerate the construction of a comprehensive financial platform for foreign customers.
“As a financial IT company, we find this collaboration meaningful in supporting innovation in the fields of overseas remittance and foreign exchange,” said An In-ju, CEO of Finger. “We will continue to expand technology-centered financial collaboration in the future.”
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