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Announced

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December & Company, KB Securities, and NCsoft formed a joint venture.

Synopsis

December & Company, an asset management company, KB Securities, a provider of venture capital investments, and NCsoft, a developer of on-line games that enable users to play over the Internet and computer software, such as web editing software, formed a joint venture. KB Securities and NCsoft invested $55m in December & Company. "In the end, digital technology-based fintech services will be selected by consumers depending on how sophisticated and convenient customized services are provided. As we gathered, we will realize the super gap in the financial industry by creating a new concept of comprehensive financial platform that can be used by mass customers for life," In-young Jeong, December & Company CEO.

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