Woori Bank

Woori Bank, founded in 1899 and headquartered in Seoul, South Korea, is a leading financial institution that offers a comprehensive range of commercial banking products and services to retail, individual, and corporate clients. The bank provides various deposit products, including salary, fixed, and savings accounts, as well as multiple loan options such as mortgage, apartment, and corporate operating loans. Additionally, Woori Bank delivers services related to pension management, cash management, and foreign direct investment. The bank also specializes in foreign currency transactions, including remittances and deposits, and offers ancillary services such as insurance, fund management, and security investment. Operating as a subsidiary of Woori Financial Group, Woori Bank plays a pivotal role in promoting economic growth and wealth development in Korea.

20 past transactions

Lotte Group

Private Equity Round in 2023
Lotte is a multinational food and shopping corporation that consists of over 60 business units in a variety of industries such as candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment. Lotte Group produces, distributes, and sells confectioneries, ice creams, oil, carbonated drinks and liquor, hamburgers, and bakery products and pastries. It operates department, discount, convenience, apparel, and home appliances stores as well as a supermarket and a multiplex movie theater; and hotels and a resort. It manufactures synthetic resins and fibers, and by-products; TFT LCD products; digital equipment, copiers, printers, and other office machines; digital cameras and printers, and photographic materials; and aluminum products. Its financing business activities include credit, travel agency, insurance agency, and telemarketing; and lease, personal and corporate loans, and installment financing. The company also engages in software development and computer equipment; public institutions systems and IT; golf course; advertising agency; development, financial consulting, and management of shopping centers; baseball team; logistics management consulting; electronic financial services; integrated e-payment; future food, genetic engineering, and bio-engineering; educational training and consulting; economy and industry strategic analysis; and scholarship and social welfare foundation businesses. Lotte is the largest confectionery manufacturer in South Korea. It was first established in June 1948 in Tokyo, by Shin Kyuk-Ho. From Tokyo, Lotte expanded into South Korea with the establishment of Lotte Confectionary Co., Ltd in Seoul on April 3, 1967.

Brich

Series B in 2022
Brich is an online-to-offline (O2O) service that facilitates the sale of the latest Korean fashion trends through a global integrated marketplace platform. Established a year ago, the company assists local fashion boutiques in selling their products online by streamlining various aspects of e-commerce, including market entry, product registration, order management, delivery processing, and customer service. This comprehensive approach allows customers to easily search for specific items or explore a wide array of brands, enhancing the shopping experience while promoting the unique offerings of smaller boutiques. Brich has also gained financial support from Hana Financial Investment to further its operations.

StyleC

Series B in 2021
StyleC is an online-based marketplace that offers a variety of products for personal or home use.

GOPIZZA

Series B in 2021
Gopizza Inc. operates a chain of pizza restaurants. It also provides franchising related services. The company was founded in 2016 and is based in Seoul, South Korea.

AJU Capital

Acquisition in 2020
AJU Capital Co., Ltd. engages in installment financing business in South Korea. It offers auto finance for new, used, lease, and rent cars; and credit and mortgage loans. The company was formerly known as Daewoo Capital Corporation and changed its name to AJU Capital Co., Ltd. in September 2009. AJU Capital Co., Ltd. was founded in 1994 and is headquartered in Daejeon, South Korea. As of December 10, 2020, AJU Capital Co., Ltd. operates as a subsidiary of Woori Financial Group Inc.

Jaranda

Series A in 2019
Jaranda Co., Ltd. owns and operates a platform that integrates teachers, parents, and students. The company is based in Seoul, South Korea.

Dot Inc.

Series B in 2019
Dot Incorporation, based in Seoul, South Korea, specializes in developing innovative smartwatches designed specifically for visually impaired individuals. The company has created a cutting-edge braille cell that is significantly smaller and more affordable than traditional piezo-electric cells, which have dominated the braille device market. This electro-magnetic actuator has enabled Dot to introduce the Dot Watch, the world’s first braille smartwatch. By addressing key issues related to cost, size, and functionality, Dot aims to enhance tactile literacy and reduce the informational gap that visually impaired individuals face in their daily lives.

Seculetter

Venture Round in 2019
SecuLetter Co.,Ltd. develops, manufactures, and markets cyber security appliances to detect unknown attacks with hybrid approaches. Its products include SecuLetter Email (SLE), a threat analysis protection solution for email that blocks cyber attacks which use malicious code; and SecuLetter FileServer (SLF), a threat analysis protection solution for fileserver that blocks the attack via attachment which targets organization that shares files server for co-work. The company was founded in 2015 and is based in Seongnam-si, South Korea.

Mangoslab Co. Ltd.

Venture Round in 2019
Mangoslab is a spin-off company from Samsung Electronics that produces a sticky note thermal printer.

StyleC

Seed Round in 2019
StyleC is an online-based marketplace that offers a variety of products for personal or home use.

Sauce

Series A in 2018
Smart sound sends data over sound that cannot be heard by humans, enabling connection among devices without additional hardware. Mobidoo is leading Fintech industry with its own technology 'Smart sound'. 'Smart Sound' is applied to payment, IoT, and marketing solutions, and has been customized to Lotte L.pay and commercialized for more than 20,000 merchants of Lotte Department Store, Lotte Mart and 7 Eleven Korea, etc. as the world's first case. Currently, mobidoo is launching pre-paid P2P payment platform for merchants and users. Mobidoo is targeting fintech and global market using 'Smart Sound' technology.

Fresh Your Life

Series B in 2018
Beijing Xianlife E-Commerce is a private company engaged in business-to-consumer food e-commerce. The company is based in China.

Medizen Humancare

Series B in 2018
Medizen Humancare Inc. is a research company based in Seoul, South Korea, specializing in genomic analysis to predict individual disease risks. Founded in 2012, the company offers services such as M-CHECK, which assesses patients' risk for genetic diseases by analyzing genomic variations using gene chips or analysis kits. Additionally, Medizen provides MELTHY, a direct-to-consumer DNA analysis service. These offerings aim to guide individuals in disease prevention and promote healthier lifestyles across various regions, including Asia, the Americas, and Europe.

Aizen

Series A in 2018
AIZEN Global Co., Inc. is a South Korean company that specializes in developing artificial intelligence applications for the financial services sector. Founded in 2016 and based in Seoul, the company offers the ABACUS platform, an automated machine learning solution that enhances decision-making processes within finance. AIZEN's products, including the CreditConnect AI lending platform, address various needs across the financial value chain, such as customer acquisition, dynamic credit scoring, underwriting, risk management, and fraud detection. By leveraging advanced machine learning and deep learning technologies, AIZEN aims to facilitate digital transformation in financial institutions, improving automation and efficiency while reducing costs. The company has also received significant funding to expand its offerings, particularly in Southeast Asia.

VisionFund Cambodia

Acquisition in 2018
VisionFund Cambodia, a microfinance institution, provides financial products and services, and non-financial services in Cambodia.

Tera Funding

Series A in 2018
Tera Funding is a real estate investment firm in Seoul, South Korea. Tera Funding is a real estate P2P financial company that offers an online platform for small investors to provide first-tier small and medium-sized construction loans to businesses.

Fount

Series A in 2016
Fount Inc., founded in 2015 and headquartered in Seoul, South Korea, operates as an asset management Robo-Advisor company. The firm offers Bluewhale, a Robo-Advisor engine that utilizes financial engineering technology and asset allocation theories to determine the optimal combination of assets for investors. Fount employs a proprietary investing algorithm based on Big Data technology, which assists clients in planning for various life events. The company emphasizes a passive investing strategy, aligning risk levels with clients' specific time horizons and allowing advanced algorithms to manage investments efficiently.
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