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AI & Enterprise
Dailypay wins top prize at DinoLab Jeonbuk IR Demo Day; Woori Financial to review first investment
Small business financial solution company Dailypay won the top prize at a Jeonbuk regional financial innovation startup demo day. The top-prize winner will become subject to a first-investment review by Woori Financial Group. Dailypay said it received the Jeonbuk governor’s award at the 2026 DinoLab Jeonbuk IR Demo Day. The company presented a 24-hour funding liquidity solution and a real-time credit scoring engine tailored for small businesses.
Finance
Woori Financial opens financial town in Jeonbuk Innovation City
Woori Financial Group has opened the Jeonbuk Woori WON Financial Town in Jeonbuk Innovation City, completing the presence of the four major financial groups’ regional hubs there. The complex brings together functions spanning capital markets, corporate finance and inclusive finance, housing units from Woori Asset Management, Woori Bank and other affiliates. Woori plans to supply 1.6 trillion won in funding to local small firms and merchants by 2030.
Finance
Top 5 financial groups to supply 1 trillion won in risk capital to boost venture investment
South Korea’s Financial Services Commission and Ministry of SMEs and Startups, together with the country’s five largest financial holding groups, began a shift toward “productive finance” to support ventures and startups. The parties signed an agreement in Seoul to expand private-sector risk capital and strengthen support systems from investment and guarantees to nurturing. The five groups plan to create a private venture fund-of-funds worth 800 billion won by 2029 and provide guarantees and mentoring for early-stage startups.
