KORFIN (Korea Fintech Industry Associations) is an association recognized by the Korea Financial Services Commission, which currently has 208 members.
KORFIN is establishing a cooperative system between the government and financial firms - based on the participation of various industries including FinTech, Finance and Information Technology (IT).
The role of KORFIN is three.
First of all, it opens doors to FInTech startup, finance, IT and service companies, and open platforms that support convergence between inter-industry convergence and new attempts.
Also, KORFIN plans to serve as a window to communicate with the government and financial regulators.
Lastly, KORFIN also educates fintech preliminary creator education in order to create a long-term industrial ecology.