# HYPHEN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hyphen-2

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.hyphen.im
- Total disclosed funding: $36M
- Latest round: Series A (Mar 2, 2022)
- Investors on record: 5

## About

ounded in 2021 and based in Seoul, South Korea, HYPHEN operates as a provider of a payment platform. In February 2022, HYPHEN raised KRW 65 billion in series A funding from new investors Caspian Capital, CTK Investment, HB Investment, Korea Omega Investment Finance, and Stonebridge Capital.

The company provides services including card payment services that allow customers to pay in real-time through a payment password after registering their card; withdrawal transfer services to withdraw funds that a company needs to receive from multiple accounts and deposit them into a company account; electronic payment services which allow customers to buy products from stores using credit cards, mobile phones, and other payment methods; ARS Certification services which allow ARS authentication such as customer identity verification and withdraw consent; Deposit Stock Inquiry services to check the account holder name and account validity; etc.

HYPHEN plans to invest 13% of the raised amount in new services and also plans to complete an initial public offering (IPO) in 2024.

## Funding rounds

- Series A, Mar 2, 2022, $36M — Stonebridge Capital, KDB Capital, HB Investment, Korea Omega Investment Corp., Signite

## Investors

- Stonebridge Capital (https://capitalatlas.ai/funds/stonebridge-capital) — Series A
- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series A
- HB Investment (https://capitalatlas.ai/funds/hb-investment) — Series A
- Korea Omega Investment Corp. (https://capitalatlas.ai/funds/korea-omega-investment-corp) — Series A
- Signite (https://capitalatlas.ai/funds/signite) — Series A