Hana Bank and One Store Sign Digital Finance Partnership Agreement for Win-Win Cooperation

[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 12th that it has signed a “win-win cooperation digital finance partnership” agreement with One Store and will engage in various business collaborations for One Store app developers.

Through this business agreement, Hana Bank and One Store plan to undertake various collaborations, including prompt financial support for One Store app developers who are facing difficulties due to the prolonged COVID-19 pandemic.

First, to provide prompt financial support according to different situations, three loan services exclusively for One Store app developers will be offered: ▲ Hana One Q Guarantee Foundation Loan ▲ Hana One Q Emergency Loan ▲ Hana New Hope Seed Loan.

The ‘Hana One Q Guarantee Foundation Loan’ is a service available to individual business owners in the Seoul and Gyeonggi areas that allows non-face-to-face application for guaranteed loans without visiting the Credit Guarantee Foundation. The service will be expanded to other regions in the future. The ‘Hana One Q Emergency Loan’ is a product that allows non-face-to-face applications for up to 3 million KRW using Seoul Guarantee Insurance policies as collateral. The ‘Hana New Hope Seed Loan’ is designed for refinancing high-interest loans from secondary financial institutions, providing up to 30 million KRW without guarantees or collateral.

Scheduled to be offered from the end of May, these services are available to any individual business owner or developer registered as a One Store partner who has uploaded content on One Store at least once. Loan applications can be made through the One Store Developer Center website, where a simple developer verification process is conducted before being redirected to the Hana Bank site to complete the application.

Additionally, the two companies plan to jointly conduct customer-targeted events such as the ‘Hana Bank Payment Account Registration Promotion,’ which offers various benefits when registering a Hana Bank account as a payment method in the One Store app and making payments.

Kim Ki-seok, Vice President of Hana Bank’s Central Sales Headquarters, stated, “Through this business agreement, we aim to provide timely and diverse financial support to outstanding app developers struggling due to the prolonged COVID-19 pandemic, offering practical assistance. Furthermore, we will pursue various business collaborations with One Store as a reliable partner to strengthen the app ecosystem in Korea.”