Platfos Co.
Latest round
- Series A
Last raised
- Jan 2025
Total raised
- $3.3M
Investors
- 7
About Platfos Co.
, Ltd., Ltd. was founded in 2015 and is headquartered in Seoul, South Korea. The company focuses on providing mobile gift card solutions for local businesses. YoungJoon Shin serves as both the founder and CEO, overseeing its development.PLATFOS specializes in the development of a mobile gift card platform that allows businesses to create their own branded gift cards swiftly and without initial setup costs. The core product offering enables providers to generate mobile gift cards in just one hour, catering primarily to local businesses looking to enhance customer engagement and drive revenue. With a focus on ease of use, the platform features an ultra-light SDK and modular API, enabling seamless integration into existing applications. PLATFOS predominantly serves businesses in the retail and service sectors across South Korea, facilitating the creation of customized gift cards that are easy to register and promote.The revenue generation model for PLATFOS is predicated upon transactional fees associated with the issuance and management of mobile gift cards. Businesses utilizing the platform can benefit from a straightforward fee structure, which encompasses subscription plans for ongoing access to the service and transaction fees incurred with each gift card sale. This model is particularly appealing to small to medium-sized enterprises looking to diversify revenue streams. As businesses create and sell gift cards through the PLATFOS platform, revenues are generated not only from the card transactions but also from partnerships with online marketplaces, creating additional exposure for the clients' offerings. Platfos is also designing new products aimed at enhancing its platform capabilities and plans to enter additional markets in Southeast Asia by the end of 2026.
Who invested in Platfos Co.
7 investors across 4 rounds
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Questions about Platfos Co.
Who invested in Platfos Co.?
Platfos Co. has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Platfos Co. raised?
Platfos Co. has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Platfos Co. last raise money?
Platfos Co.'s most recent round on record is a Series A, in Jan 2025.
What does Platfos Co. do?
Platfos Co. is a financial services company.
Where is Platfos Co. headquartered?
Platfos Co. is headquartered in Seoul, South Korea.
Which VCs invest in companies like Platfos Co.?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Platfos Co.'s stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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