Collab Technologies Inc.
- 78, Mapo-daero, Mapo-gu, Seoul, Republic of Korea
- 010-4104-2234
- scheung@collab-technologies.co.kr
[Key Technology]
● Quick financing with just a few clicks – no due diligence, credit evaluation, or contract necessary
● Find all sales and expenditure status of a registered business within 5 minutes of user registration
● Analyzes transaction history and macroeconomic factors to determine optimal financial costs
● Enables customers to receive maximum cashback based on their given situation
● Analyze transaction history for financial analysis and management efficiency (under development)
[Company Profile]
● Collab is a company I founded after developing a business model to address the inefficiencies in the working capital market, an idea I conceived while working in private equity on investment analysis and management. I received feedback from colleagues and professors at Wharton MBA before starting the company in 2022. We are currently undergoing the incubation process at the Second Seoul Fintech Lab. Our revenue for 2023 exceeded 70 million KRW, and our revenue goal for 2024 is over 100 million KRW. We received 110 million KRW in investment in 2022 and plan to secure an additional 200 million KRW within the year.
[Key Products]
● Generally, B2B sales result in payment being received 60-90 days after the transaction. However, Collab's user companies can receive immediate payment. We are currently focusing on modernizing the payment and settlement system of our medical devices and pharmaceuticals, which are still being handled with physical credit card readers and wire transfers.
