KB Kookmin Card Publishes Performance Report for Open Innovation Program 'Future Nine'

Selection and Support of 54 Startups from 1st to 5th Cohorts Since 2017

[Asia Economy Reporter Yu Je-hoon] KB Kookmin Card announced on the 27th that it has published a white paper summarizing the achievements of the open innovation program 'FUTURE9,' which has been ongoing since 2017. This white paper includes major collaboration cases and planned initiatives between 54 startups selected through FUTURE9 programs from the 1st to the 5th cohorts and KB Kookmin Card.

After selecting startups for each cohort, KB Kookmin Card supports their growth by promoting joint commercialization, collaborating on new product and technology development, cooperating on KB Pay, Liiv Mate, recurring payments, Kukka Mall, utilizing payment data for marketing, investing through the FUTURE9 dedicated fund, and linking investments with affiliates and consortium companies.

For example, KB Kookmin Card built the free travel platform 'TTBB' with Tripbitos in the new platform and new business sectors, and implemented card screening automation using OCR solutions with Romin in the technology internalization sector. Additionally, it conducted joint marketing for electric vehicle charging card issuance with Softberry, built a cross-industry data analysis platform with ab180, and collaborated on KB Liiv On API integration with DataKnows.

A KB Kookmin Card official stated, "The FUTURE9 program has established itself as an icon that helps develop the venture startup ecosystem through sincere collaboration with startups over the past five years. We will continue to strive to introduce innovative technologies and services of startups to customers through FUTURE9, and we ask for active participation and interest in the FUTURE9 5th cohort demo day and the recruitment for the 6th cohort this year."