RaonSecure Signs 3.5 Billion KRW Biometric Authentication Service Supply Contract with Japan

RaonSecure announced on the 16th that it has signed a license supply contract worth 3.57875 billion KRW for its OnePass solution (subscription-based biometric authentication service) with Japan's SBI Sumishin Net Bank, Ltd. and Neobank Technologies Co., Ltd.

This amount corresponds to approximately 6.9% of last year's sales revenue. The contract period is from December 2, 2024, to December 31, 2024, and the payment will be made within 180 days from the delivery date. This contract is expected to contribute to the expansion of biometric authentication technology in the Japanese market.