116 Tenant Companies in Total
Revenue Expected to Reach 323.4 Billion Won
The 'Busan Fintech Hub' has been found to be a major driver of growth for financial technology companies.
On December 12, the Busan Metropolitan Government stated, "The Busan Fintech Hub is establishing itself as a hub for fintech innovation in Asia."
At 4 p.m. on the same day, the city will host the '2025 Busan Fintech Hub Performance Sharing Event' at the Busan International Finance Center (BIFC), with tenant companies and partner organizations in attendance to share this year's achievements. The event will proceed in the order of a business meeting, performance report, presentation of best practices, and networking. The business meeting will be attended by the Financial Startup Policy Officer, representatives of tenant companies, financial sector officials, and partner organizations, who will discuss regulatory improvements and support policies.
The Busan Fintech Hub was established at BIFC in 2019 and at the Busan Chamber of Commerce and Industry in 2022. Currently, 50 companies are located there. It operates as a regional fintech industry base that provides step-by-step support from early-stage startups to scaling up.
This year, tenant companies have shown remarkable growth. Since its opening, the cumulative number of tenant companies has increased to 116, and the revenue of tenant companies this year is expected to reach 113.5 billion won. This is more than double last year's 49.5 billion won. The amount of investment and financing secured has expanded to 24.6 billion won, which is more than six times the 4 billion won recorded in 2020.
Individual achievements of tenant companies are also being seen. ATAD, an AI-based multi-cloud autonomous operation platform company, attracted 4 billion won in investment at the seed and pre-Series A stages. The company recorded cumulative sales of 6 billion won in the third quarter and secured 32 patents, demonstrating rapid growth and accelerating its entry into the global B2B payment market.
Haenam Co., Ltd., which operates the project-based talent matching platform 'ODAL,' has seen participation from more than 1,000 young people in Busan. The city explained that this platform has contributed to the local talent-company matching ecosystem. The company plans to expand its service scope by adding fintech functions such as performance-based settlement and automated payment in the future.
The city has operated a support system tailored to each stage of growth. For early-stage companies, it provided data marketing and professional workforce training; for promising companies, it offered support for core development personnel and global expansion; and for scaling companies, it provided investment attraction and innovation consulting. Leveraging the characteristics of a maritime and port city, the city has also focused on fostering regionally specialized digital financial services, such as 'ship carbon emissions trading' and 'AI-based cargo insurance automation.'
Jinsoo Lee, Financial Startup Policy Officer of Busan Metropolitan Government, stated, "Since its opening, the Busan Fintech Hub has supported 116 companies and has played a central role in the regional fintech ecosystem. We will actively support tenant companies in expanding revenue, creating jobs, and advancing business models, with the goal of becoming a global fintech hub next year."
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