Corporations supported by the Seoul Fintech Lab have delivered results in global markets, reaching cumulative sales of 866.2 billion won.
Seoul city said on Jan. 1 that, as a result of providing tailored support through the Mapo Second Seoul Fintech Lab and the Yeouido Seoul Fintech Lab from early-stage corporations to those in the growth phase, resident corporations recorded cumulative sales of 866.2 billion won and cumulative investment attraction of 529.5 billion won from 2018 through the third quarter of 2025.
Seoul city has operated a step-by-step incubation system by supporting early-stage startup corporations at the Mapo Second Seoul Fintech Lab and scaling up corporations that are on a growth trajectory at the Yeouido Seoul Fintech Lab.
As of the first to third quarters of 2025, 155 resident corporations at the Seoul Fintech Lab recorded 215.8 billion won in sales, 71.2 billion won in investment attraction, and 595 new hires. McKinley Rice, a Fintech-based global HR solutions corporation, attracted 12.5 billion won in investment during the period.
The Seoul Fintech Lab has provided 337 mentoring and consulting sessions to a total of 155 corporations, including 117 resident corporations and 38 membership corporations, of which 86 strengthened their commercialization capabilities. It also facilitated 33 business linkages with financial companies and large and mid-sized corporations.
Global expansion results also continued. The Seoul Fintech Lab held 174 partnership meetings at Money20/20 USA, the world's largest Fintech event, leading to investment discussions worth 46.3 billion won and technology negotiations worth 215.1 billion won. It also tallied 58 overseas partnerships (MOUs), 13.1 billion won in overseas sales (49 deals), and eight overseas corporate establishments.
Resident corporations Crosshub and Ghostpass won the top innovation award and the innovation award, respectively, in the Fintech institutional sector at CES 2026. In addition, in cooperation with Blockchain corporation Catalyze Research, it provided investment linkage opportunities of up to $200,000 per corporation.
Starting this year, the Seoul Fintech Lab will upgrade its corporation support system into a "funding-linked growth system." Based on a network of private investment firms and financial institutions, it plans to build a standing investment-matching structure and revamp demo days and open innovation into a process that leads from project discovery to investment and purchasing.
In addition, it will focus on fostering new growth areas such as digital asset, stablecoins, and security token offerings (STOs), and will accelerate commercialization by providing integrated consulting on law, regulation, security, and data utilization.
Lee Su-yeon, head of Seoul's Economic Policy Office, said, "2025 was the year when the tangible performance of Fintech corporations was confirmed in figures and cases," adding, "In the new year, we will continue supporting Seoul Fintech corporations so they can achieve sustainable growth in global markets."