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FiNovus Lab

FiNovus Lab

Private

Last Round

Series A

Feb 1, 2024

Total Funding Raised

$2.74M

Company Overview

FiNovus Lab is a fintech company that operates PAYMONTHS, a B2B Buy Now Pay Later (BNPL) service in South Korea, which utilizes a machine learning-backed credit scoring model to provide liquidity solutions for SMEs.

Sector

FinTech

Verticals

BNPL, Lending & Credit, Credit Scoring, Digital Payments

Business Model

B2B

Customer Profile

Payment Processing Fee, Data as a Service

AI Layer

Application

Keywords

B2B BNPLbuy now pay lateralternative credit scoringSME lendingB2B fintechembedded financepayment deferralcredit underwritingmachine learning creditB2B payment solutionliquidity managementfintech APISME financedata as a serviceDaaS

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FiNovus Lab Comparables

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FiNovus Lab comparables — related companies by embedding similarity
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Fluid
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Elite
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Two.
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FiNovus Lab Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AFeb 1, 2024
Pre SeedFeb 7, 2022
SeedJul 7, 2021

Key People

Founding team and executive leadership

지영동

Co-Founder CTO

Founding Team

Jang Jongwook

CEO Founder

Founding Team

hyewon choi

Chief Operating Officer

Executive Team

FiNovus Lab Investors

Notable investors and investment history

FiNovus Lab investors
InvestorRounds
Wisdom Asset Management KoreaSeries A
SparkLabs GroupSeed
Strong VenturesSeries A, Pre Seed
Hansae Yes24 PartnersSeed, Pre Seed

Market signals

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  • Jul 7, 2021

    $510K round with participation from Hansae Yes24 Partners and POSCO Group.

FiNovus Lab Filings

SEC and related filings with document metadata.

Data table
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FiNovus Lab Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about FiNovus Lab's valuation, stock price, and market status.

Firmographic Details

HeadquartersSeoul
Employee Range2
Year Founded2020
Last FundingFeb 1, 2024

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