Welcome Savings Bank Launches IPO Notification Service 'Gongmoju at a Glance'

Success Probability in IPO Subscription Presented as 'Attractiveness Index'

Welcome Savings Bank announced on the 17th that it will launch the IPO schedule notification service 'IPO at a Glance.'

This service partners with the IPO information service '160 (Il-yuk-gong)' to provide an 'Attractiveness Index.' The Attractiveness Index is a metric that expresses the likelihood of success when subscribing to an IPO in score form. Based on a perfect score of 100, a score of 80 means 'Trust 160 and subscribe,' 65 to 80 means 'A worthwhile investment,' 50 to 65 means 'Exercise caution,' and below 50 provides IPO subscription guidance. 160 is a service operated by the fintech (finance + technology) startup Metalogos, utilizing an artificial intelligence (AI) algorithm developed by experts from Seoul National University and KAIST.

Additionally, it offers notification services for IPO demand forecasting dates, subscription dates, and listing dates, enabling investors to check information promptly. The entire process from checking IPO schedules to selection, subscription, and sale can be conducted automatically.

Welcome Savings Bank explained that it introduced the IPO notification service because customers frequently use savings bank parking accounts for IPO subscriptions. A representative from Welcome Savings Bank stated, “We focused on enhancing convenience so that customers can easily check IPO-related information through the Welbang application (app). We hope this helps customers easily access IPO information and achieve successful financial management.”