Woori Financial Group launched a fintech startup incubator in fast-growing Vietnam, the company said on Oct. 25.
The financial group said Digital Innovation Lab Vietnam kicked off on Oct. 24 with five fintech startups in Hanoi.
Selected companies will receive support from local startup accelerator Kimc Group and Woori Financial’s local knowledge and networking.
“We plan to provide office space and infrastructure for Korean fintech startups that want to make a foray into Vietnam,” the company said in a statement.
By Park Ga-young (gypark@heraldcorp.com)