V1C Raises $8.8M for AI Finance Platform Growth

South Korean fintech innovator V1C has successfully closed a substantial pre-Series A funding round, securing approximately $8.8 million (KRW 13.4 billion). This capital infusion, led by prominent venture capital firms Bass Ventures and DSC Investment, is earmarked for accelerating the expansion of its artificial intelligence-driven financial management solutions. The significant investment underscores investor confidence in V1C's unique approach to digitizing and streamlining business finance.

The backing from Bass Ventures and DSC Investment highlights V1C's demonstrated operational prowess in the complex financial and accounting software domain. Investors were particularly impressed by the company's established capabilities in loan origination and robust risk management, largely cultivated through its Clobe Finance division. This dual focus on software and financial services positions V1C as a comprehensive fintech ecosystem rather than a singular product provider.

At the core of V1C's offering is Clobe AI, a sophisticated Software-as-a-Service (SaaS) platform designed to serve both large corporations and individual entrepreneurs. By consolidating financial data from diverse sources—including bank accounts, credit cards, and tax documents—Clobe AI furnishes users with immediate, actionable insights through real-time cash flow reporting and profit-and-loss analysis. The platform has achieved remarkable traction, onboarding over 10,000 corporate clients in less than eighteen months since its inception.

Complementing its software suite, V1C's Clobe Finance arm has facilitated a cumulative loan volume exceeding $72.1 million (KRW 110 billion). This integrated financial service capability is a key differentiator, allowing V1C to address immediate capital needs for its user base. The company's strategic vision extends to deepening institutional collaborations, evidenced by a recent Memorandum of Understanding with Hana Financial Group. This partnership aims to integrate financial products, launch joint marketing efforts, and co-develop advanced AI-powered credit scoring models to enhance financial accessibility for small and medium-sized enterprises (SMEs) and self-employed individuals.

V1C CEO Eunwook Do articulated the company's mission, stating, "While the consumer market has seen considerable digital transformation, the business-to-business sector still presents vast untapped potential. We are committed to fundamentally reshaping the operational environment for small business owners, which we believe is crucial for accelerating economic growth in Korea." This funding round is expected to fuel V1C's growth trajectory, enabling further product development and market penetration within the rapidly evolving B2B fintech space.

The broader fintech market, particularly in Asia, is experiencing robust growth, driven by increasing digitalization and demand for efficient financial tools. V1C's success in securing this significant pre-Series A funding positions it favorably to capture a larger share of this expanding market, especially within the underserved SME segment. The integration of AI for enhanced credit assessment and financial management aligns with global trends toward data-driven financial services.