The Seoul Metropolitan Government and IBK Industrial Bank of Korea will launch "Demo Day with IBK Industrial Bank," an investor relations event connecting domestic and international investors, to discover and foster promising AI-based fintech companies.
This year's Demo Day, a key program of "Seoul Fintech Week 2025," will be held from September 29th to October 1st at venues such as the Conrad Hotel in Yeouido. Prior to this, the Seoul Metropolitan Government will be recruiting participants from innovative AI and fintech startups from August 4th to 18th.
Demo Day is a specialized IR program that supports the entire process, from technology validation (Proof of Concept), market entry, and scale-up. Since 2022, it has been co-hosted by the Seoul Metropolitan Government and IBK Industrial Bank of Korea, and the number of participating companies has steadily increased. This year, 12 companies with AI technologies in various fields, including remittance payments, insurtech, asset management, and overseas remittance, have been selected, and IR consulting (September 1-26) will also be provided.
The selected companies will present their core technologies and business models to domestic and international investors and corporate partners at a Demo Day event. Following the event, three outstanding companies will be selected through a panel of judges and on-site voting, and will be awarded the "Seoul Fintech Innovation Award," "IBK Special Award," and "Popularity Award."
CrossHub, an AI fintech company that participated in last year's Demo Day, has already achieved success in global expansion, including securing participation at CES. CrossHub CEO Kim Jae-seol stated, "Through one-on-one meetings with financial institutions, we have successfully demonstrated our technology and attracted investment," and expressed his intention to participate in this year's Demo Day.
This year, the participation of investment and financial institutions is expected to increase compared to last year, increasing the likelihood of companies announcing the investment.
Applications for participation are available from August 4th to 18th through Startup Plus , and further details can be found on the Seoul Fintech Lab official website .
Lee Jun-hyung, an official at the Seoul Metropolitan Government's Economic and Job Planning Division, said, "The AI-centric fintech industry is a key sector of the future financial industry," adding, "This Demo Day event will contribute to the revitalization of the digital finance ecosystem and play a significant role in discovering innovative companies that will lead the future."
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