NH Nonghyup Bank announced that it signed a memorandum of understanding (MOU) on “cooperation for digital asset-based financial services and infrastructure” with MoonPay, a global financial technology company that helps businesses and consumers move value across fiat and digital assets, and Finger, a domestic fintech company.
The agreement combines the financial and technology infrastructure and expertise of the three companies to jointly explore financial and payment services using digital assets, and aims to build a collaborative framework to respond to the rapidly changing digital finance environment.
Key areas of cooperation include:
- Developing digital asset-based global financial services
- Cross-border remittance and corporate payment and settlement
- Exploring new services that link digital assets with card merchant payment infrastructure
- Linking global digital asset infrastructure with the domestic financial system
- Joint proofs of concept (PoC) and assessment of commercial viability
Building on Nonghyup Bank’s financial infrastructure, MoonPay’s global digital asset network, and Finger’s financial platform technology, the three companies plan to develop a global payment and settlement model. Through this, they aim to make payments more convenient for customers at home and abroad and expand the potential uses of digital asset-based financial services.
An NH Nonghyup Bank official said, “This agreement is the starting point of a new partnership connecting global digital asset infrastructure and domestic financial services,” and added, “By combining each company’s expertise and technology, we will enhance customer convenience and strengthen our competitiveness in global digital finance.”
Meanwhile, Nonghyup Bank is strengthening its foundation for building future financial infrastructure by participating in a range of digital asset-related initiatives, including the Bank of Korea’s “Project Hangang,” the Bank for International Settlements’ (BIS) “Project Agora,” and technical pilots of the global blockchain payment network “Partior.”
About NH Nonghyup Bank
NongHyup Bank is a purely national-capital bank established with 100% domestic capital, operating the largest branch network in Korea and serving as a specialized public-finance bank that manages government and local government treasuries.
As the flagship subsidiary of NH Financial Group, we enhance our customers’ asset value through optimal portfolio management, and pursue customer-centric management to become a bank loved by all citizens.
In particular, we return the profits generated by NongHyup Bank to projects supporting agriculture and rural communities, and lead efforts to improve the quality of life of farmers by sharing the values of NongHyup with citizens.
About Finger Inc.
Website: www.finger.co.kr
Established in 2000, Finger Inc. is a leading comprehensive digital finance and fintech group in Korea, driving digital financial innovation by breaking down the boundaries between financial and non-financial sectors. The company provides optimized digital financial infrastructure and platform implementation services to over 100 corporate clients, including major Tier 1 and Tier 2 banks, financial institutions, and public organizations. Finger offers an integrated suite of solutions, including proprietary treasury management systems, next-generation data- and AI-driven fintech platforms, as well as Security Token Offering(STO) and blockchain infrastructure. Through these capabilities, Finger plays a pivotal role in connecting traditional financial infrastructure with future-oriented digital asset and platform ecosystems.
Finger is an Impact Tech company that creates new digital financial value by seamlessly connecting people, finance, and technology.
About MoonPay
Founded in 2019, MoonPay is a global financial technology company that helps businesses and consumers move value across fiat and digital assets. MoonPay has more than 35 million customers across 180 countries and supports more than 1500 enterprise customers spanning crypto and fintech. Through a single integration, MoonPay powers on- and off-ramps, trading, crypto payments, and stablecoin infrastructure, connecting traditional payment rails with blockchains. MoonPay maintains a broad regulatory footprint, including a New York BitLicense, a New York Limited Purpose Trust Charter, and money transmitter licenses across the United States. MoonPay also has MiCA authorization in the EU to provide on- and off-ramps.
MoonPay is how the world moves value.