ARGOS made it to the finals of the 9th Asan Nanum Foundation Chung Ju Yung Startup Competition, a nationwide competition for young entrepreneurs.

Since the first competition in 2012, it has been known as the steppingstone to several startup successes. It runs for six months period, from March to August every year, and the final evaluation is conducted at the end of August. 1,220 startups applied this year, breaking the highest competition rate ever. A total of 11 team, including Argos KYC, have advanced to the final round, beating the competition ratio of 110 to 1.

The Chung Ju Yung Startup Competition aims to promote spread of entrepreneurship, to support young enterprises, and to enhance non-profit competency. It sets out to find the next Asan Chung Ju Yung, the founder of Hyundai known for his contributions to the successful modernization of the South Korean automobile, and ship-building industry. The competition is also designed to encourage young startups to materialize their ideas into real business products. Each year the Competition focuses on discovering promising startups in various industries and provides participants with various opportunities such as venture capital / accelerator mentoring, demo day, and networking events.

We are thrilled to present Argos KYC and AML screening services to fellow contestants, players in various industries including fintech, e-commerce platforms, non-face-to-face medical care service platform. It would be a great opportunity to support other startups with non-face-to-face customer identification and money laundering risk analysis. Being a member of Asan Nanum Foundation Chung Ju Yung Startup Competition Alumini will pave the way towards the most exuberant young entrepreneur network.

The Asan Nanum Foundation
Chung Ju Yung Startup Competition

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Author Austin Mitchell Lewis

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