Finance
Brokerage sees Hecto Financial new businesses as added growth driver on high-margin payments
Hecto Financial is sustaining growth led by its high-margin simple cash payment business, and new businesses such as cross-border settlement, stablecoins and AI agent payments could become additional growth drivers, a brokerage analysis showed. Heungkuk Securities began coverage with a buy rating and a target price of 23,000 won. It said the company’s new-business value is not reflected in the current target price because the timing of institutionalisation and monetisation remains uncertain.
