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§ Venture Capital · Seoul, South Korea
Fintech solutions provider offering digital payment platforms, smart cards, open APIs for businesses, with KONA PLATE for non-financial firms.
Konai Partners develops and provides comprehensive fintech solutions and platforms, encompassing smart card manufacturing, digital payment operations, and open APIs for various industries. Initially a smart card manufacturer, the company expanded its offerings to include services like KONA PLATE, which enables non-financial firms, including those in the food sector, to issue prepaid cards and branded payment services without initial infrastructure costs. Konai Partners has invested over $77 million (100 billion won) since 2016 into KONA PLATE's development, further expanding its focus into region-based digital payments, digital authentication, blockchain, and mobility solutions. The organization also serves sectors like transportation with integrated payment cards and formed a group with affiliates KONA M and KONA S for synergistic effects. Founded by Cho Chung-il, Konai Partners was established in 1997 or 1998.
Konai Partners has 1 tracked investment across 1 company. The latest tracked deal is $4.7M Series A in GXC in June 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 23, 2021 | GXC | $4.7M Series A | Enlight Ventures, Hana Financial, Konai Partners, Sangsang Ventures | — |