KIBO $3.5M Loan Misuse Exposes Strain in Korea’s Startup Credit System: 1 Officer for 250 Firms
South Korea’s startup credit ecosystem faces growing pressure after revelations that KRW 4.8 billion (~ USD 3.5 million) in guaranteed ...
Tag: credit guarantee
Korea Builds Financial Backbone for Next-Gen K-Content Through KIBO – KB Kookmin Bank Partnership
The K-content industry in South Korea is finally entering a new defining phase where creativity and capital align. With rising ...
Korea’s Social Ventures Gain Finance Boost as KIBO and Woori Bank Commit $13.5M in Guarantees
South Korea’s startup ecosystem is turning growing attention to social impact. With financial institutions now aligning around ESG, the latest ...
Korea Expands Startup Finance Tools: $36M KIBO – KB Kookmin Bank Partnership Targets Early Tech Growth
Another layer of startup finance infrastructure has emerged in South Korea as the country introduces a new KRW 50 billion ...
₩20B (~$14.8M) Credit Guarantees Await in KODIT’s 14th Innovation Icon Program Targeting Next Unicorns
With ₩20B (~$14.8M) in credit guarantees on the table, the KODIT Innovation Icon initiative reinforces Korea’s position as a hub ...
Korea Credit Guarantee Fund backs 4 startups with a $13 million credit guarantee to become unicorns
The Korea Credit Guarantee Fund (KODIT) has announced its support for four innovative startups through its Innovation Icon Support Program. ...