• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • KTO
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • SGSC Global Bootcamp 2021
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • register
  • login
KoreaTechDesk
No Result
View All Result
KoreaTechDesk
No Result
View All Result
Home AI & Big Data

FinTech startup Big Value Co., Ltd. raises $1.7 million for its multiplex housing based work

KoreaTechDesk Writer by KoreaTechDesk Writer
March 11, 2020
in AI & Big Data, Investments
6
FinTech startup Big Value Co., Ltd. raises $1.7 million for its multiplex housing based work
0
SHARES
134
VIEWS
Share on FacebookShare on Twitter

FinTech startup Big Value Co., Ltd. has raised 2 billion won or $1.7 million for its Series A funding from KDB Industrial Bank, Shinhan Bank, Hana Bank and InLight Ventures. Big Value Co., Ltd. focusses on multiplex housing  market in South Korea. The startup calculates the prices of unstructured apartment houses and supplies real estate market data to Shinhan Bank and Busan Bank.

 Analysing and Sharing Real Estate Trends

Big Value Co., Ltd has developed and patented the technology of collecting and storing large amount of real estate data into ‘location based big data system.’ Big Value Co., Ltd provides insightful data to individual customers and finance companies to make even-handed decisions for real estate market.

In South Korea, 65% of population lives in big apartment, so great amount of data is available for those apartment prices. But very limited information is available for small multiplex houses. It was difficult to appraise the price of multiplex houses due to the diversified sizes, types of multiplex house for loan purposes or for price trends. Big Value Co., Ltd provides necessary service for Korean multiplex housing policy. The startup’s data processing speed can help the development of financial products for multiplex houses residents.

At present the company has two type of products – B2B and B2C. Big Value Co., Ltd’s multiplex house price analysis system is being utilised by leading banks in the country – Shinhan Bank and Busan Bank. The Automated Small Multiplex Houses Price Appraising System Resource Data and Web, Mobile ASP Solution provides reliable data for cross checking and helps understand the real estate market trends.

The B2C services of the company helps support Mortgage Loan Consulting, which is used internally by Shinhan Bank. There is also a mobile application provided to Shinhan Bank customers for multiplex house prices. Big Value Co.’s B2C product LOBIG analyses last 6 months’ price trend in real estate market and provides detailed information about facilities and realty agents.

Investment to boost expansion

Big Value Co., Ltd. is expanding its service area to various kinds of services such as factories (industrial complexes), land and building (single) information, etc. In addition to the large financial companies, the startup is looking establishing collaborations with innovative value-added companies such as Ernest Fund and Bank Salad.

Mr. Kim Jin-Kyung, the CEO of Big Value Co., Ltd. said, “With the latest investment, we will take a leap forward in real estate data expertise and at the same time provide a platform for growth as a comprehensive platform for real estate data. We will solve the information asymmetry problem and contribute to solve the inconvenience of consumers. “

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: banksdata analysishousing loansmultiplex housingreal estate
Previous Post

Peer to Peer Lending Platform Lendit gets $6.2 million investment

Next Post

DoubleMe: Portal to dynamic 3D models in real-time

Next Post
DoubleMe: Portal to dynamic 3D models in real-time

DoubleMe: Portal to dynamic 3D models in real-time

0 0 votes
Article Rating
Subscribe
Login
Notify of
Please login to comment
6 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
trackback
馬上註冊贏家
3 months ago

… [Trackback]

[…] There you can find 12277 additional Info on that Topic: koreatechdesk.com/fintech-startup-big-value-co-ltd-raises-1-7-million-for-its-multiplex-housing-based-work/ […]

0
trackback
4-aco-dmt china,
2 months ago

… [Trackback]

[…] Read More here to that Topic: koreatechdesk.com/fintech-startup-big-value-co-ltd-raises-1-7-million-for-its-multiplex-housing-based-work/ […]

0
trackback
psilocybin chocolate
2 months ago

… [Trackback]

[…] Information to that Topic: koreatechdesk.com/fintech-startup-big-value-co-ltd-raises-1-7-million-for-its-multiplex-housing-based-work/ […]

0
trackback
maxbet
1 month ago

… [Trackback]

[…] Find More here on that Topic: koreatechdesk.com/fintech-startup-big-value-co-ltd-raises-1-7-million-for-its-multiplex-housing-based-work/ […]

0
trackback
Bassetti Granfoulard Tagesdecke
10 days ago

… [Trackback]

[…] Find More on that Topic: koreatechdesk.com/fintech-startup-big-value-co-ltd-raises-1-7-million-for-its-multiplex-housing-based-work/ […]

0
trackback
car shipping services quotes
4 days ago

… [Trackback]

[…] There you will find 54281 more Info to that Topic: koreatechdesk.com/fintech-startup-big-value-co-ltd-raises-1-7-million-for-its-multiplex-housing-based-work/ […]

0
No Result
View All Result

Follow Us

FREE NEWSLETTER

Ecosystem Partners




PRODUCTS

Most Popular

  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Korean startups to showcase technological proficiency at CES 2023 from January 5 to 8 in Las Vegas 

    0 shares
    Share 0 Tweet 0
  • Top Korean Dating apps that can help you make new connections in South Korea

    1 shares
    Share 0 Tweet 0
  • Three Restaurant Apps to try out for a fine dining experience in South Korea  

    9 shares
    Share 9 Tweet 0
  • Korean webtoon ‘Lookism’ creator ‘The Grim Entertainment’ attracts $9.1 million investment

    0 shares
    Share 0 Tweet 0
  • Seoul Robotics aims for an IPO in 2025, post-Series B funding of $ 25 million

    0 shares
    Share 0 Tweet 0
  • Korean startups creating the K-Beauty buzz worldwide

    11 shares
    Share 11 Tweet 0
  • Korean electric vehicle charging solutions startup EVAR awarded ‘Triple-Crown’ in CES 2023

    0 shares
    Share 0 Tweet 0
  • Korean EV charging solution company Pluglink signs investment contract with KDB Infrastructure Asset Management

    0 shares
    Share 0 Tweet 0
  • Korean startup Accelerator & Venture Capital Fund 1Billion Partners continues investing in promising startups despite ‘cold investment season’

    0 shares
    Share 0 Tweet 0
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Copyright © 2023 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KTO
    • KOTRA
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • Forums
  • register
  • login

Copyright © 2023 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

wpDiscuz
6
0
Would love your thoughts, please comment.x
()
x
| Reply

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.