On the 22nd, Hecto Financial invited analysts from major securities firms to hold a 'CEO IR Day' and introduced its global fintech business expansion strategy and new business direction related to stablecoins.
At the event, CEO Choi Jong-won presented a plan to expand the global payment and settlement network centered on the Asian region, as well as the possibility of utilizing stablecoins in the payment and settlement sector. In particular, he announced that he is currently establishing local corporations and signing partnerships in major countries such as Japan, Taiwan, and Singapore, and plans to expand his position in the pan-Asian fintech market based on this.
Hecto Financial plans to proactively respond to changes in the global payment market by strengthening overseas payment services to increase the convenience of financial transactions between countries and introducing a settlement system utilizing stablecoins. To this end, it explained that it is focusing on building a stable payment infrastructure and distribution structure and securing service reliability.
CEO Choi said, “Our leading position in the domestic settlement and cash-based payment market and our strong cooperative network with financial institutions will provide us with competitiveness in the new global payment environment,” and added, “We will make 2025 the first year of our global expansion and leap forward as a leading company in the Asian cross-border commerce payment service sector.”
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