Early corporate investment firm The Ventures (CEO Kim Chul-woo) announced on the 18th that it has in.. - MK
Summary
It automates the task of calculating and notifying the interest of a large number of debtors and investors every month, checking and paying payments, and improving the cost structure.Since its launch in May last year, more than 40 companies have flowed into customers, The Ventures said.Lonfra has expanded its service to quickly provide information such as the terms and execution of loans for each company by specializing in the comparison platform commonly used by customers when taking out general bank loans. This lowered the cost and interest burden of debtors loan search and increased the companys fund turnover rate. "Based on the unique data of the market we have, we want to create financial services specialized for mid- to low-income credit that both companies and users can coexist," said Lee Yoon-seok, CEO of Moliton. "The goal is to reduce conflicts in finance and grow into an infrastructure company that manages all money lending transactions. "Kim Chul-woo, CEO of The Ventures, explained, "It is not an easy market, but the advantage is that the barriers to entry are high and it is difficult for competitors to appear."