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KSD to support fintech firms' overseas funding

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Korea Securities Depository CEO Lee Byung-rhae
Korea Securities Depository CEO Lee Byung-rhae
By Lee Kyung-min

The Korea Securities Depository (KSD) will help 10 budding firms to secure investors at the 2019 Our Crowd Global Investor Summit in March 2019.

Over 10,000 global venture capital and angel investors will attend the annual event scheduled to be held from March 3 to 7 in Jerusalem, Israel.

Eligible to apply are 423 firms that secured crowdfunding between January 2016 and January 2019 as well as 12 firms registered as partners with the KSD fintech consultative body. Application letters must be filed with the KSD by Jan. 27.

Crowdfunding is the process of raising small amounts of money from a large number of people online for a certain project or venture.

Candidates, to be finalized following reviews of application forms and investor relations in English, will be able to receive consultations from KSD-designated experts at the event to help them develop effective presentation strategies including delivery and visual aids preparations to attract global investors at the event.

Launched in February 2013, the Jerusalem-based OurCrowd is an equity crowdfunding platform built for capital funding for early-stage startups. About 25,000 KSD-related companies from 112 countries have secured $750 million in funding thus far.


Lee Kyung-min lkm@koreatimes.co.kr


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