# FiNovus Lab Co,.ltd.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finovus-lab-co-ltd

- Industry: Consumer Services
- Headquarters: Seoul, South Korea
- Website: www.paymonths.co.kr
- Total disclosed funding: $1.3M
- Latest round: Series A (Feb 1, 2024)
- Investors on record: 4

## About

Based in Seoul, South Korea and founded in 2020, FiNovus Lab Co,.ltd. operates Paymonths, a post-payment platform that can quickly calculate the available limit and relieve the burden of prepayment with BNPL service using machine learning-based self-credit evaluation. The service was started for sellers who sell products in the open market, and it is providing services in partnership with B2B platforms such as Turtle Sun Company, which provides purchasing solutions domestically.

The company provides an e-commerce credit evaluation-based deferred payment solution called Paymonths.

## Funding rounds

- Series A, Feb 1, 2024, $1.3M — Strong Ventures, Kakaopay
- Seed, Feb 1, 2022 — Korea Tech Incubator for Startup, POSTECH Holdings

## Investors

- Korea Tech Incubator for Startup — Seed
- POSTECH Holdings (https://capitalatlas.ai/funds/postech-holdings) — Seed
- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A
- Kakaopay — Series A