PFCT Achieves First Monthly Break-Even Point Since Establishment

PFCT, a leader in the fintech industry, achieved its monthly break-even point in August for the first time since its founding, signaling sustainable growth. The managed loss (adjusted EBITDA), which amounted to approximately 1.9 billion KRW in Q4 of last year, steadily decreased to 1.37 billion KRW in Q1 and 990 million KRW in Q2 of this year. Sales in August soared by 62% year-over-year to 1.6 billion KRW, finally experiencing the joy of turning a profit. This achievement was driven by the remarkable parallel growth of its two business divisions: the online lending platform ‘K-Pleo’ and the AI risk management solution ‘Airpack’. K-Pleo, propelled by the expansion of its investor base and diversification of products, showed stable growth with cumulative sales from January to August of this year increasing by more than 1.6 times compared to the same period last year. Notably, Airpack's cumulative sales during the same period experienced explosive growth of more than four times. In just two years since its launch, it not only expanded its supply to major domestic savings banks and credit card companies but also succeeded in early monetization in its overseas expansion, which began in February 2024, proving its strong potential in the global market. PFCT is not resting on these achievements and continues to invest in the future. Through the acquisition of Indonesian companies, expansion into ASEAN markets such as Vietnam and Australia, and recruitment of key talent, it is accelerating its efforts to become Asia's top lending tech company. Lee Soo-hwan, CEO of PFCT, stated, “The growth of our two pillars, online lending and AI financial technology, has come to fruition, securing both a sustainable growth foundation and financial soundness simultaneously.” He declared an ambitious aspiration: “We will expand our business domains domestically and internationally to become Asia's best lending tech company.” The next moves of PFCT, which has attracted a total of 145.2 billion KRW in investment from leading global investors such as Bain Capital and Goldman Sachs, are garnering further attention.