NH Nonghyup Bank Holds Online Demo Day for 3rd NH Digital Challenge+ Batch

[Asia Economy Reporter Park Sun-mi] NH Nonghyup Bank announced on the 11th that it will hold the 3rd NH Digital Challenge+ Demo Day online.

The Demo Day is the final stage of the NH Digital Challenge+ nurturing program, which selects and comprehensively supports digital innovation companies by Nonghyup Bank. It is an event where startups showcase their demo products and business models to outsiders to accelerate business growth and investment support.

This event will be held online due to the novel coronavirus disease (COVID-19) and can be attended through the Eventus website.

The event will start at 2 p.m. on the day and will feature 10 companies including ▲Korea Financial Solution (smart asset management platform) ▲S&P Lab (MyData platform) ▲Ten Eleven (artificial intelligence (AI) architectural design platform) ▲Payple (SMS authentication simple payment platform) ▲Uprise (AI asset management system) ▲Danbi INC (AI chatbot platform) ▲Creble (Tractor On-Off linked (IoT) remote inspection solution) ▲One Family (real estate rental management solution) ▲Kkotpam (B2B platform for floriculture companies) ▲SCM Solution (prepayment solution), sharing business achievements and introducing their business models.

For the 4th batch, which recruited until the 7th, 145 excellent companies from various fields such as fintech, e-commerce, agricultural food, and healthcare applied. After an untact screening, the final selected companies will participate in the program for six months starting in November.

Kang Tae-young, head of the Digital Strategy Department at Nonghyup Bank, said, “NH Digital Challenge+ is Nonghyup Bank’s digital innovation company collaboration and nurturing program, providing substantial support to participating companies, including a cumulative investment attraction amount of about 22.4 billion KRW and 13 collaborations and joint projects with Nonghyup affiliates.” He added, “We hope for continuous interest from digital innovation companies that can grow together with Nonghyup Bank.”