A "venture capital investment platform" that connects market participants in risk capital, including venture capital (VC), venture companies, and brokerages, launched on the 7th. With the entire process—from discovering investment targets to investing and post-investment management—now handled on a single platform, the information asymmetry long cited as a stumbling block to venture investment is expected to ease, and productive finance is expected to be revitalized.
The Financial Supervisory Service and Naver Pay held the "Npay venture capital investment platform launch ceremony" at the Naver 1784 building on the 7th. The event was attended by Financial Supervisory Service Governor Lee Chan-jin, Naver Pay CEO Park Sang-jin, Korea Financial Investment Association Chairman Hwang Sung-yeop, top brokerage chiefs, VC industry officials, and others.
Interest in venture investment has risen, but observers have noted limits to revitalizing productive finance because investors have struggled to secure quality corporate information. In response, the Financial Supervisory Service supported linkage between brokerages and related venture investment institutions, while Naver Pay built and operates the platform and has prepared the service.
The platform provides investment-related information tailored to the characteristics of three groups: brokerages, VCs and new technology business finance companies, and venture companies.
Brokerages will be able to handle everything on one platform, from collecting corporate information before investment to post-investment management. They can use functions such as searching for venture companies and viewing information, AI-based corporate information summaries, and viewing capital commitment announcements and fund information. After investing, they can manage investment status by fund in real time and receive support for post-investment tasks such as sending batch requests for business reports to invested venture companies.
VCs and new technology finance companies can easily discover investment targets and efficiently provide investment information to brokerages that are capital providers. First, they can receive customized corporate alerts through AI. And when capital providers (LPs) such as brokerages issue commitment announcements to recruit fund managers (GPs) to run venture funds, the platform also supports a function to conveniently submit standardized fund proposals.
Small and medium-sized venture companies can easily provide corporate information. First, they can create corporate profiles based on investor relations (IR) materials. Companies registered on the platform can expose their corporate overviews on the Naver portal for promotional effect, and they can also update corporate information at any time to attract additional investment.
Financial Supervisory Service Governor Lee Chan-jin said, "To ensure that funds raised through the risk capital market flow more smoothly to promising companies, it is important to resolve information asymmetry among market participants and improve the efficiency of financial intermediation," adding, "In particular, we ask capital providers such as brokerages to play an active priming role so a successful virtuous cycle for the platform can take shape."
Meanwhile, Naver Pay plans to improve the platform's completeness by reflecting user feedback and supplementing functions through a pilot operation of about three months after the platform's launch.