The Great Trading Company

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The Great Trading Company - overview

Established

2016

Location

Seoul, -, South Korea

Primary Industry

Business Support Services

About

Based in South Korea, The Great Trading Company specializes in providing financial solutions aimed at small business owners and self-employed individuals, helping them manage their finances and enhance financial literacy. The Great Trading Company, founded in 2016, operates out of Seoul, South Korea and specializes in financial services. The company raised KRW 2. 3 billion in Series A funding in September 2019 from investors including Industrial Bank of Korea, InterValue Partners, and The Wells Investment.


This funding supports their ongoing commitment to small business owners and self-employed individuals in South Korea. The company has completed 2 deals to date. The company specializes in providing financial solutions tailored for small business owners and self-employed individuals. Its core offerings include a range of financial services such as loans, tax refunds assistance, investment advice, and credit card information.


These services are designed to help clients manage their finances effectively and to enhance their financial literacy, particularly in the realms of investment and credit management. The products are positioned to cater to the specific needs of small enterprises, aiming to alleviate financial burdens by providing critical information and support in managing cash flow, credit, and taxation. The services are primarily marketed to customers in South Korea, targeting small business owners and individuals seeking financial guidance and support. Revenue generation for the company occurs through various transactional structures, including subscription services, partnerships, and direct engagements with consumers.


Clients often initiate contact for financial consultations, where the company provides personalized services tailored to their specific needs. The pricing structure is based on the services rendered, including consultancy fees for financial advice and potential commissions from financial products offered. Flagship services include detailed investment planning and tax refund assistance, which are fundamental to the company's value proposition. The company maintains a focus on building long-term relationships with its clients, fostering continued engagement through ongoing financial education and advisory services.


In September 2019, The Great Trading Company raised KRW 2. 3 billion in Series A funding to support its growth initiatives. The funds will be utilized to expand their range of financial products specifically designed for small businesses. The company is also exploring opportunities for market expansion within Southeast Asia, with plans to enter markets in Vietnam and Indonesia by the end of 2022.


Current Investors

Industrial Bank of Korea, The Wells Investment, InterValue Partners

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services, Restaurants & Nightlife

Website

www.nanudakitchen.com

Company Stage

Series A

Total Amount Raised

Subscriber access only

The Great Trading Company - employee data

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