Spoon Obtains Electronic Financial Business License... Lotte Giftel Takes Charge of Business

"Securing Customer Trust...
Boosting Mobile Coupon and Pay Services"

Spoon Co., Ltd. announced on the 24th that it has obtained an electronic financial business license.

Spoon is a subsidiary of Daehong Planning, an affiliate of Lotte Group, and an integrated corporation formed by the merger of media specialist agency M-Hub and digital marketing company Stick Interactive in July last year.

It acquired the electronic financial business license to take charge of Lotte Group's mobile coupon brand 'Giftel' business.

To be approved for the electronic financial business license, requirements set by the Financial Supervisory Service must be met, including company financial soundness and separate management of customer prepaid charges exceeding 100%.

Through this registration, Spoon plans to lead the market by activating prepaid electronic payment services such as mobile coupons and pay business, in addition to its existing advertising business, and enhancing customer satisfaction.

Kang Tae-ho, head of Spoon's Pay Business Division, said, "By obtaining the Financial Supervisory Service electronic financial business license, we have secured customer trust and laid a new foundation for business development. We will continue to proactively respond to the rapidly changing market environment and provide reliable services."