韩国金融科技行业市场前景及投资研究报告-外文版培训课件

DIGITAL

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TRENDSFintechinSouthKoreaCHAPTER

01OverviewNumberofusersoffintechinAsiafrom2019to2028,bysegment(inmillionusers)NumberoffintechusersAsia2019-2028,bysegmentDigitalPaymentsDigitalInvestmentNeobankingDigitalCapitalRaising4,0003,5003,0002,5002,0001,5001,000500020192020202120222023202420252026202720283Description:Significantfluctuationsareestimatedforallsegmentsovertheforecastperiodforthenumberofusers.Overall,theindicatorappearstofollowapositivetrend,astherearemoreincreasingvaluesthandecreasingvaluesexpectedintheindividualsegmentsuntil2028.Amongthem,thesegmentDigitalPaymentsachievestherelativelyhighestvaluethroughouttheentireperiod,reaching3billionusers.ReadmoreNote(s):Asia;2019to2028Source(s):DigitalMarketInsightsTransactionvalueofthefintechsectorinAsiafrom2019to2028,bysegment(inbillionU.S.dollars)FintechtransactionvalueAsia2019-2028,bysegmentDigitalPaymentsDigitalCapitalRaisingDigitalInvestmentMarketplaceLending(Consumer)8,0007,0006,0005,0004,0003,0002,0001,000020192020202120222023202420252026202720284Description:Thetransactionvalueisforecasttoexperiencesignificantgrowthinallsegmentsin2028.ParticularlystrikingistheexceptionallystrongincreaseofthesegmentDigitalPaymentstowardstheendoftheforecastperiod.Thevalueamountingto420.2billionU.S.dollarsstandsoutsignificantlyfromtheaveragechanges,whichareestimatedat105.3075billionU.S.dollars.ReadmoreNote(s):Asia;2019to2028Source(s):DigitalMarketInsightsNumberoffintechcompaniesinSouthKoreafrom2014to2022NumberoffintechcompaniesSouthKorea2014-202270060059255348450040030020010003453032882642051312014201520162017201820192020202120225Description:In2022,thenumberoffintechcompaniesinSouthKoreaamountedtoaround592.ThenumberoffintechcompaniesinSouthKoreahasincreasedsharplyoverthepasttenyears.

ReadmoreNote(s):SouthKorea;2014to2022Source(s):FintechCenterKorea;SamjongKPMGDistributionoffintechcompaniesinSouthKoreain2022,bysectorDistributionoffintechcompaniesSouthKorea2022,bysectorInsurTech3.7%Digitalbanks0.5%Digitalassets5.9%OtherB2Bservices8.2%Fintechenablers42%Assetmanagement9.1%Marketprovisioningandassettrading13.0%Paymentandsettlement17%6Description:In2022,fintechenablersaccountedforabout42percentoftheSouthKoreanfintechmarket.Companiesinthepaymentandsettlementsectorfollowedwithashareofaround17percent.ReadmoreNote(s):SouthKorea;June2toAugust11,2023;592companiesSource(s):FintechCenterKoreaAveragerevenueoffintechcompaniesinSouthKoreafrom2020to2022(inbillionSouthKoreanwon)AveragerevenueoffintechcompaniesSouthKorea2020-202225201523.7520.0711.3410502020202120227Description:In2022,aSouthKoreanfintechcompanygeneratedanaverageofapproximately20billionSouthKoreanwonfromitsfintechoperations,markinga15.5percentdecreasecomparedtothepreviousyear.

ReadmoreNote(s):SouthKorea;2020to2022;503fintechcompaniesSource(s):FintechCenterKorea;SamjongKPMGAveragerevenueofthefintechindustryinSouthKoreain2022,bysector(inbillionSouthKoreanwon)FintechindustryrevenueSouthKorea2022,bysectorAveragerevenueinbillionSouthKoreanwon20

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40010506070809085.6FintechenablersPaymentandsettlementDigitalassets66.756.5B2Bservices4.6Assetmanagement2.8InsurTech1.4Marketprovisioningandassettransactions1.38Description:In2022,thefintechenablerssectorinSouthKoreageneratedanaveragerevenueofaround85.6billionSouthKoreanwon,closelyfollowedbythepaymentandsettlementsector,whichsawarevenueofabout66.7billionwon.

ReadmoreNote(s):SouthKorea,APAC;June2toAugust11,2023;547fintechcompaniesSource(s):FintechCenterKorea;SamjongKPMGCHAPTER

02MobilepaymentsShareofmobileeasypaymentsintotaldigitalpaymenttransactionsinSouthKoreafrom2019to2023MobileeasypaymentshareindigitalpaymenttransactionsSouthKorea2019-202360%48.5%50%46.3%43.3%39.1%40%30%20%10%0%35.1%2019202020212022202310Description:In2023,mobileeasypaymenttransactionsaccountedforapproximately48.5percentofdigitaltransactionsconductedviamobiledevices,PCs,orothermethodsinSouthKorea.Theusageofmobileeasypaymentserviceshasincreasedinrecentyears,especiallyaftertheoutbreakoftheCOVID-19pandemicin2020.ReadmoreNote(s):SouthKorea;2019to2023Source(s):BankofKoreaAveragedailyvalueofmobileeasypaymenttransactionsmadeinSouthKoreafrom2016to2023(inbillionSouthKoreanwon)DailymobilepaymenttransactionsvalueSouthKorea2016-20231,000900875.46800761.44700606.546005004003002001000449.16317.12019222.822018132.19201764.522016202020212022202311Description:In2023,theaveragedailyvalueofmobileeasypaymenttransactionsmadeinSouthKoreaamountedtoabout875.5billionSouthKoreanwon,upfromabout761billionwoninthepreviousyear.Theaveragedailyvalueofmobileeasypaymenttransactionshasbeenrisingsharplyoverthepastfewyears.ReadmoreNote(s):SouthKorea;2016to2023Source(s):BankofKoreaMarketshareofmobileeasypaymentprovidersinSouthKoreafrom2020to2023,bytypeofproviderMobilepaymentmarketshareSouthKorea2020-2023,byprovidertypeElectronicfinancialbusinessentities*100%Financialcompanies**Mobilephonemanufacturers***24.3%90%23.8%22.7%25.6%25.6%80%70%60%50%40%30%20%10%0%27.6%25.8%30.5%49.7%202149.9%202248.9%202345.7%202012Description:In2023,approximatelyhalfofthemobileeasypaymentmarketinSouthKoreawasdominatedbyelectronicfinancialbusinessentities.Financialcompaniesandmobilephonemanufacturersheldamarketshareofaround26percenteach.Theshareoffintechcompanies,suchasNaverPayandKakaoPay,intheSouthKoreanmobilepaymentmarkethasincreasedsignificantlyinrecentyears.Incontrast,themarketshareofbanksandcardcompanieshasbeensteadilydeclining.

ReadmoreNote(s):SouthKorea;2020to2023;basedonaveragedailyvalueofmobilepaymenttransactions;*MobilepaymentproviderssuchasKakaoPayandNaverFinancial.**Banksandcardcompanies.***Mobilephonemanufacturersincluding[...]

ReadmoreSource(s):BankofKoreaUsageofmobileeasypaymentservicesprovidedbyfintechcompaniesinSouthKoreafrom2019to2023UsageofmobilepaymentservicesoffintechcompaniesSouthKorea2019to202380%67.7%70%66.6%64.1%60.8%60%50%40%30%20%10%0%56.2%2019202020212022202313Description:In2023,fintechcompaniesofferingmobilepaymentserviceshadtakenoverabout68percentofthetotalmobilepaymentsmarketinSouthKorea.Theshareofthesecompanieshasbeenincreasingsignificantlyinrecentyears.

ReadmoreNote(s):SouthKorea;2019to2023Source(s):BankofKoreaMarketsizeofmobileeasypaymentservicesinSouthKoreafrom2019to2023,byleadingproviders(intrillionSouthKoreanwon)MobilepaymentmarketsizeSouthKorea2019-2023,byleadingprovidersNaverPayKakaoPayToss807060504030201002019202020212022202314Description:In2023,NaverPay'smarketsizewasapproximately43.5trillionSouthKoreanwon,followedbyKakaoPay,whichhadamarketsizeofaround26trillionwon.TheshareoffintechcompaniessuchasNaverPayandKakaoPayintheSouthKoreanmobilepaymentmarkethasincreasedsignificantlyinrecentyears,whilethemarketshareofbanksandcardcompanieshassteadilydeclined.ReadmoreNote(s):SouthKorea;2019to2023;basedonthevalueoftransactions,bothonlineandofflineSource(s):ChosunBiz;FinancialSupervisoryServiceCHAPTER

03DigitalbankingNumberofregisteredmobilebankingcustomersinSouthKoreafrom2011to2022(inmillions)NumberofmobilebankingcustomersSouthKorea2011-2022180160140120100169.22153.37135.08121.2104.7389.7478.3676.568060.11604020049.93201337.09201223.74201120142015201620172018201920202021202216/statistics/962350/south-korea-mobile-banking-registered-usersIn2022,therewerearound169.22millionregisteredmobilebankingcustomersinSouthKorea,showinganincreasefromthepreviousyear.ThenumberofregisteredmobilebankingcustomersinSouthKoreahasincreasedmorethansixfoldsince2011.ReadmoreNote(s):SouthKorea;2011to2022Source(s):BankofKoreaNumberofcustomersofdigitalbanksinSouthKoreain2023,bybank(inmillions)NumberofdigitalbankcustomersSouthKorea2023,bybank2522.8420151059.538.880KakaoBankKBankTossBank17Description:In2023,theleadingdigitalbankinSouthKorea,ꢀKakaoBank,hadapproximately23millioncustomers.FoundedinJanuary2016asoneofthefirstinternet-onlybanksinSouthKorea,KakaoBankattractedovertenmillioncustomerswithinjusttwoyearsafterstartingoperationsinJuly2017.ReadmoreNote(s):SouthKorea;2023Source(s):TheChosunIlboAveragedailyvalueofmobilebankingtransactionsinSouthKoreafrom2020to2023(intrillionSouthKoreanwon)MobilebankingtransactionvalueSouthKorea2020-2023161415.214.212.9121089.46420202020212022202318Description:In2023,theaveragedailyvalueofmobilebankingtransactionsinSouthKoreaamountedtoover15trillionSouthKoreanwon,upfromabout14trillionwoninthepreviousyears.TheaveragedailyvalueofmobilebankingtransactionsinSouthKoreahasincreasedrapidlyoverthelastfewyears.ReadmoreNote(s):SouthKorea;2020to2023Source(s):BankofKoreaAveragedailyvalueofopenbankingtransactionsinSouthKoreafrom2019to2023(intrillionSouthKoreanwon)OpenbankingtransactionvalueSouthKorea2019-20231.81.61.41.21.01.71.40.90.80.60.40.20.00.30.22019202020212022202319Description:In2023,theaveragedailyvalueofmoneytransferredviaopenbankinginSouthKoreaamountedtoaround1.7trillionSouthKoreanwon,upfromabout1.4trillionwoninthepreviousyear.ThevalueofopenbankingtransactionshasrapidlyincreasedsincetheservicewaslaunchedinDecember2019.ReadmoreNote(s):SouthKorea;2019to2023Source(s):BankofKoreaLeadingdigitalbanksinSouthKoreain2023,byloansanddeposits(intrillionSouthKoreanwon)MajordigitalbanksSouthKorea2023,byloansanddepositsDepositsLoans5045.74540353025201510537.622.717.2412.8111.20KakaoBankTossBankKBank20Description:Inthethirdquarterof2023,KakaoBankhadapproximately45.7trillionSouthKoreanwonindeposits,whileTossBankhadabout22.7trillionwon.Theintroductionofinternet-onlybankshassignificantlyinfluencedSouthKorea'sdevelopmenttowardsdigitalbanking.KBankandKakaoBankwereestablishedin2017,andTossBankwaslaunchedin2021.ReadmoreNote(s):SouthKorea;Q32023Source(s):EconomistCHAPTER

04CrowdfundingMarketsizeofcrowdfundinginSouthKoreafrom2016to2024(inbillionSouthKoreanwon)CrowdfundingmarketsizeSouthKorea2016-2024353031.72927.927.125201510518.616.616.516.75.70201620172018201920202021202220232024*22Description:AsofMay2024,thecrowdfundingmarketinSouthKoreareachedapproximately5.7billionSouthKoreanwon.Themarkethadpeakedin2018butexperiencedadeclinethereafter.ReadmoreNote(s):SouthKorea;January25,2016toMay15,2024;bysecuritiesissued;*AsofMay15,2024.

1,000SouthKoreanwonequals0.73U.S.dollarsor0.68euroasofMay2024.

Thereleasedateusedhereistheaccessdate.

ReadmoreSource(s):CrowdNetValueoffundsraisedthroughcrowdfundingplatformWadizfrom2016to2023(inbillionSouthKoreanwon)Wadiz'scrowdfundingvolume2016-2023300250200250215.4192.4185.3145.21501005060.228.310.7020162017201820192020202120222023*23Description:In2023,thefundsraisedthroughtheSouthKoreancrowdfundingplatformWadizwereestimatedtoreacharound250billionSouthKoreanwon,upfromapproximately215billionSouthKoreanwoninthepreviousyear.WadizisthelargestcrowdfundingplatforminSouthKorea.ReadmoreNote(s):Worldwide,SouthKorea;2016to2023;basedontransactionvolume;*Estimate.1,000SouthKoreanwonequals0.73U.S.dollarsor0.68euroasofMay2024.

ReadmoreSource(s):Jobplanet;WadizAveragesuccessrateofcrowdfundingcampaignsinSouthKoreafrom2016toDecember2023SuccessrateofcrowdfundingcampaignsSouthKorea2016-2023100%90%80%70%86%80%75%74%64%62%62%60%50%40%30%20%10%0%46%2016201720182019202020212022Dec202324Description:AsofDecember2023,thesuccessrateofcrowdfundingcampaignsinSouthKoreastoodataround80percent.1,076outof1,658crowdfundingofferingshavebeensuccessfulinthecountryasofDecember2023.

ReadmoreNote(s):SouthKorea;2016toDecember2023Source(s):CrowdNetDistributionofsuccessfulcrowdfundingcampaignsinSouthKoreaasofDecember2023,byindustryDistributionofsuccessfulcrowdfundingcampaignsSouthKorea2023,byindustry35%32%30%27%25%20%15%10%5%18%14%9%0%ManufacturingIT/mediaOtherWholesales/retailArt/leisure25Description:AsofDecember2023,around32percentofthesuccessfulcrowdfundingcampaignsinSouthKoreawereinthemanufacturingsector.ThiswasfollowedbytheITandmediasector.TheaveragesuccessrateofcrowdfundingcampaignsinSouthKoreastoodataround69percent.ReadmoreNote(s):SouthKorea;December2023Source(s):CrowdNetDistributionofcrowdfundinginvestorsinSouthKoreaasofDecember2023,bytypeDistributionofcrowdfundinginvestorsSouthKorea2023,bytypeInvestorswithqualifiedincome5%Professionalinvestors3%Generalinvestors92%26Description:AsofDecember2023,around92percentofcrowdfundinginvestorsinSouthKoreawasgeneralinvestors.Fivepercentwereinvestorswithqualifiedincome,withtheremainingthreepercentbeingprofessionalinvestors.

ReadmoreNote(s):SouthKorea;December2023Source(s):CrowdNetCHAPTER

05P2PlendingNumberofpeer-to-peer(P2P)lendingcompaniesinSouthKoreafromDecember2021toDecember2023NumberofP2PcompaniesSouthKorea2021-202360535251495040302010036Dec2021Jun2022Dec2022Jun2023Dec202328Description:AsofDecember2023,therewere53peer-to-peer(P2P)lendingcompaniesinSouthKorea.ThenumberofP2Plendingcompanieshasincreasedinrecentyears.

ReadmoreNote(s):SouthKorea;December2021toDecember2023Source(s):FinancialSupervisoryService;YonhapCumulativevalueofpeer-to-peer(P2P)lendinginSouthKoreafrom2021toApril2024(intrillionSouthKoreanwon)TotalvalueofP2PloansSouthKorea2021-202414121012.7610.8185.7964202.5Dec2021Dec2022Dec2023Apr202429Description:AsofApril2024,thecumulativevalueofpeer-to-peer(P2P)lendinginSouthKoreastoodataround12.8trillion