Hanpass Co., Ltd.

Hanpass Co. , Ltd. is a South Korean company specializing in remittance and payment services. It operates a comprehensive global financial platform designed to facilitate secure and efficient financial transactions for consumers and businesses alike.

Founded in 2017, Hanpass Co. , Ltd. is headquartered in Seoul, South Korea, and provides payment solutions mainly through remittance services. The company has successfully closed 7 deals to date, with the most recent funding round occurring on March 12, 2025, when it raised KRW 10 billion in a Series D round from Korea Development Bank, totaling KRW 10 billion raised overall.

The CEO is Kyung-hoon Kim. Hanpass is a prominent provider of remittance and payment services, operating as a comprehensive global financial platform. Its core offerings include a real-time exchange rate checking system, cross-border bill payment solutions, mobile wallet services, and prepaid card payment options. These services enable users to transfer money conveniently and securely from virtually anywhere in the world.

Hanpass targets a diverse clientele, including individual consumers and businesses seeking efficient payment solutions, and has expanded its market reach to regions such as Australia. By leveraging advanced technology and a user-friendly interface, Hanpass addresses the growing demand for effective payment integration systems across global markets. Hanpass has achieved a significant transaction volume, reaching 1 trillion KRW, reflecting the company’s robust position in the remittance and payment service sector. The revenue structure primarily involves transaction fees derived from various service offerings, including cross-border payments and mobile wallet transactions.

Clients utilizing Hanpass's services engage in B2B and direct-to-consumer transactions, where businesses and individuals alike can utilize the platform for their financial needs. While specific pricing plans for services provided by Hanpass are not detailed, the operational model is structured around competitive fees for transactions, ensuring affordability and accessibility for users. The platform’s trademarked solutions are tailored to enhance user experience, making it a preferred choice for customers navigating the complexities of global payments. In March 2026, Hanpass Co.

, Ltd. raised KRW 20. 9 billion in an IPO, selling 1. 1 million shares at KRW 19,000 apiece, within the expected KRW 17,000-19,000 price range on the KOSDAQ.

Additionally, Hanpass aims to expand into new markets, specifically targeting regions beyond its current reach, although specific new geographic areas have not been disclosed.