◈ 6.23. 16:00 Webcash Group Busan IT Center Opening Ceremony
◈ The investment memorandum of understanding signed between the two institutions in 2019 came to fruition… By fostering local talents, more than 30 local talents are hired every year, etc.
◈ Based on the technology accumulated for more than 20 years of Webcash Co., Ltd., Busan is expected to take another leap forward as a leading Fintech city.
Busan City and Webcash Co., Ltd. (CEO Kang Won-ju) announced that they have opened the 'Webcash Group Busan IT Center' in Dong-gu and have taken the first step to create a B2B (business-to-business) fintech industry ecosystem.
The 'Webcash Group Busan IT Center' that is opening this time is very significant in that it is the result of the investment memorandum of understanding signed between Busan City and Webcash Co., Ltd. in 1919, despite the worsening external investment conditions due to the prolonged COVID-2019 pandemic.
Webcash Co., Ltd. plans to proactively secure excellent information and communication manpower in Busan and Gyeongnam through the Busan IT Center and disperse the functions and manpower of the metropolitan area research and development (R&D) center to prepare for disasters such as COVID-1919.
The IT center, located on the 10th and 11th floors of Meritz Tower, Dong-gu, Busan, will be used as a base in the southeast of Webcash Co., Ltd., and plans to hire more than 30 local talents every year to increase the workforce from the current 15 to 120.
To this end, based on the 'Recruitment-Linked Youth Information and Communication (IT) Expert Academy', which has been in progress since the beginning of this year, it is expected to play a big role in nurturing information and communication talents in Busan and creating an ecosystem.
Since its founding in 1999, Webcash is the first company to establish corporate-only Internet banking in Korea and is the first B2B fintech company to be listed on the KOSDAQ market with competitiveness. In addition, as the only B33B financial fintech company in Korea that provides services by connecting all domestic financial institutions and more than 407 financial institutions in 2 countries in real time, it has created a fintech ecosystem based on its abundant technology and know-how, and It is expected that active collaboration with
In fact, after the opening of the Busan IT Center, Webcash Co., Ltd. plans to provide free money management services to social enterprises in the region and provide consulting for business innovation free of charge.
Meanwhile, the opening ceremony of Webcash Group's Busan IT Center will be held at 23 pm on the 4rd, and about 30 people including Webcash Group Chairman Seok Chang-gyu and CEOs of Webcash Group affiliates are expected to attend.
Kang Won-joo, CEO of Webcash Co., Ltd., said, “Webcash Group is a company that started as a startup in Busan about 20 years ago, and today’s Webcash Group Busan IT Center has a different meaning.” We look forward to establishing itself as a place where creativity and passion can be expressed, and we will continue to show our interest and support in the future.”
Busan Mayor Park Hyung-joon said, “I would like to express my gratitude to Webcash Group for deciding to invest in order to keep their promise to Busan despite the deteriorating domestic and international investment conditions following the signing of the investment memorandum of understanding due to COVID-1919.” He added, “The non-face-to-face financial transaction market, which had been growing slowly, has now become the core of finance, and fintech technology is at the center of this. I hope that Webcash’s technology and know-how, which have been accumulated over a long period of time, will be well incorporated into the IT center opening today, so that Busan can take another step forward as the leading fintech financial innovation city in Asia.”
Note 1
Webcash Co., Ltd. and related companies
Webcash Co., Ltd. Company Status

Webcash Group Status

Note 2
Webcash Group Busan IT Center Opening Ceremony
□ Event Overview
ㅇ Name of event: Webcash Group Busan IT Center Opening Ceremony
ㅇ Date/Venue: '22.6.23.(Thu) 16:00~ / Meritz Tower 11th floor (331 Jungang-daero, Dong-gu)
ㅇ Main contents: Introduction of Busan IT center opening and business development direction, etc.

□ Progress plan (draft)

Note 3
Webcash Group Busan IT Center Photo




