Travel Wallet Named MSS 'Preliminary Unicorn', Secures ₩20B Financing Guarantee

## Travel Wallet Achieves Pre-Unicorn Selection, Paving the Way for Global Payment Innovation with 20 Billion KRW Scale-up Fund Travel Wallet, a leading fintech company in foreign currency payments, proudly secured its spot in the Ministry of SMEs and Startups' ambitious 'Pre-Unicorn Special Guarantee Support Program,' earning recognition for its innovativeness and overwhelming growth potential. With this selection, Travel Wallet has secured a scale-up fund guarantee opportunity of up to 20 billion KRW, further solidifying its foundation for global expansion. This program is a national initiative that comprehensively evaluates sales growth, job creation, and investment attraction capabilities to identify and support startups with high potential to grow into global unicorns. This year, a total of 79 companies applied, resulting in a fierce competition ratio of 5.3 to 1, with only 15 companies, including Travel Wallet, seizing this prestigious opportunity. This demonstrates Travel Wallet's competitiveness, which can succeed not only in the domestic fintech market but also on the global stage. Travel Wallet, led by CEO Kim Hyung-woo, operates an innovative platform encompassing the entire spectrum of global payments, including overseas payments, currency exchange, and remittances, bringing a breath of fresh air to the financial market. In particular, the '0-won foreign currency payment fee' service, launched in 2021, has garnered an explosive response from users, achieving remarkable results of 8.3 million cumulative card issuances and 6.5 trillion KRW in cumulative payment volume as of the end of August, thereby changing the market landscape. Significantly lower fees and faster processing times compared to existing banking services are Travel Wallet's strong competitive advantages. Travel Wallet is also accelerating technological innovation. It has maximized customer convenience by securing patents related to split payments and introducing same-day card issuance services through smart ATMs. Furthermore, through strategic alliances with leading domestic and international companies, it is continuously expanding its business areas, and by providing B2B financial cloud SaaS solutions, it is offering innovative financial services to corporate clients as well. It is also noteworthy that it is solidifying its global business foundation by securing patents in major overseas markets. Travel Wallet's vision does not stop here. Furthermore, beyond simple overseas payments, it has announced a bold expansion into stablecoin-based digital wallet businesses, revealing its ambition to open new horizons in the future financial market. CEO Kim Hyung-woo stated, "This pre-unicorn selection is the result of national recognition for Travel Wallet's unique growth potential. Moving forward, we will innovatively expand our digital wallet business based on stablecoins and financial SaaS to establish ourselves as a truly global payment infrastructure company," expressing a strong determination. The future of the global fintech market that Travel Wallet will shape is highly anticipated.