BNK Busan Bank Announces Recruitment for 'BNK Fintech Lab 4th Cohort' to Foster Fintech Startups

[Asia Economy Reporter Kwangho Lee] BNK Busan Bank announced on the 24th that it is recruiting the 'BNK Fintech Lab 4th Cohort' to nurture and discover startups in the fintech sector.

BNK Fintech Lab is a program designed to create a regional fintech industry ecosystem and develop innovative business models that can coexist with the fintech industry.

The recruitment target is startups in the fintech sector, and applications will be accepted until the 3rd of next month. After document screening and non-face-to-face evaluation, around 15 companies will be finally selected by mid-October, and the BNK Fintech Lab 4th Cohort will operate for a total of five months until February next year.

Selected fintech startups will be provided with various startup support programs, including ▲ discovering cooperation models with BNK Financial Group affiliates ▲ legal consultation and consulting ▲ one-on-one customized mentoring ▲ linked support for investment attraction ▲ business space support.

A Busan Bank official said, "Through fostering the fintech industry, BNK Fintech Lab is expected to create innovative collaboration models between the bank's digital sector and fintech startups," adding, "We plan to create differentiated financial services through close communication and exchange with fintech startups in the future."