Shinhan Bank opens office for small tech business funding
![Exterior of Shinhan Bank's Expace that opened in Myeong-dong, central Seoul. [SHINHAN BANK]](https://koreajoongangdaily.joins.com/data/photo/2020/12/21/cd5b463e-21db-4e99-bbd2-c4f5eac435c1.jpg)
Exterior of Shinhan Bank's Expace that opened in Myeong-dong, central Seoul. [SHINHAN BANK]
Expace, which was built by remodeling a building where the bank's Myeongdong Station branch used to be, is equipped with a 5G network connection as well as top-notch digital devices.
The place will be a test bed for the bank's new digital services and an open space for Shinhan Bank's digital staff to cooperate with tech companies and start-ups.
The bank is working with SK Telecom in developing a remote financial consulting service and with Microsoft on a fintech start-up accelerating program.
Shinhan is pursuing a partnership with Japan's Mizuho Bank to help local start-ups raise funding and take their business overseas.
BY KIM JEE-HEE [kim.jeehee@joongang.co.kr]
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with the Korea JoongAng Daily
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