Danal Signs Business Agreement with iM Financial Group for Digital Financial Asset and Service Collaboration

From the left, Hwang Woncheol, Executive Director of Group Digital Marketing at iM Financial Group, and Jin Changyong, CEO of Danal. Danal

Danal, a company specializing in integrated payment business, announced on July 3 that it has signed a business agreement with iM Financial Group to jointly promote digital financial asset and service businesses.

iM Financial Group is the holding company of iM Financial Group, which includes several financial affiliates such as iM Bank, iM Securities, iM Life, and iM Capital. Under this agreement, the two companies plan to jointly promote digital financial assets and services, create various synergies, and discover new business opportunities.

In particular, Danal not only has a wide range of domestic and international payment merchants, but also plays a leading role among Korean companies in the virtual asset payment sector. As a result, this agreement is expected to further accelerate the expansion of the domestic digital financial asset market.

To ensure the rapid launch of services, the two companies plan to quickly establish a joint consultative body composed of working-level staff and sequentially discuss and implement matters necessary for business promotion.

Jin Changyong, CEO of Danal's Business Division, stated, "As competition for leadership in the digital financial asset market intensifies among countries, the joint front formed by our two companies will drive the revitalization of Korea-centered financial industries. Above all, we will focus on real-life applications and consumer convenience, taking the lead in providing convenient and beneficial services."