Search results for Finda
Finance
Finda says mid-to-low credit borrowers prefer policy loans for unsecured and secured lending
Finda said loan preferences among mid-to-low credit borrowers are clearly split by credit score range. Based on an analysis of first-quarter data over the past three years, users with credit scores in the 400 to 800 range mainly used unsecured and secured loans and policy finance products such as Haetsal Loan, it said on Wednesday. By contracted amount, unsecured loans, auto-secured loans and policy products accounted for a large share across the range.
Finance
Financial firms reshape governance and AI strategy during annual meeting season amid market volatility
South Korea\'s financial sector is reshaping governance and refining artificial intelligence and shareholder-return strategies during annual general meeting season. Shinhan Financial Group and Woori Financial Group confirmed Jin Ok-dong and Lim Jong-ryong for second terms. KakaoBank strengthened management through an inside director appointment, while brokerages expanded dividends and share cancellations. Market volatility has risen, with frequent KOSPI sidecar triggers, foreign selling and a weaker won.
Finance
Finda, Upstage sign MOU to commercialise financial AI solutions
South Korean fintech company Finda will work with AI specialist Upstage to commercialise financial AI solutions. Finda said on Thursday the two companies signed an agreement to combine their technology and business capabilities to expand AI-based finance and public-sector markets and speed up development. The partners will cooperate on upgrading generative AI financial services, jointly selling co-developed solutions and making joint business proposals.
