Moneyguard Service, a Korean company developing a mobile IOU and debt management curation platform, has secured investment from CNTTech. This funding follows Moneyguard Service’s selection for the domestic investment support program run by the Seongnam Industry Promotion Agency and led by CNTTech, which recognized the company’s innovative technology and growth potential.

The company’s mobile app, “Moneyguard,” surpassed KRW 100 billion (approximately $75 million) in cumulative loans within a year of its launch. With this investment, Moneyguard Service plans to enhance service quality, develop new features, and actively pursue global market expansion.

Jeon Hwa-sung, CEO of CNTTech, said, “We chose to invest because Moneyguard Service’s innovative financial management solution is poised to play a pivotal role in the future market. We look forward to seeing it create even greater value in the fintech industry.”

Moon Moon-kyu, CEO of Moneyguard Service, commented, “This investment will allow us to expand various business opportunities, particularly accelerating our entry into global markets. With CNTTech’s support, we aim to drive innovation in the fintech sector.”