Webcash

Webcash is a South Korean B2B fintech company that provides a range of financial management and ERP solutions for businesses. The company was founded in 1999 as People & Community by Seok Chang-gyu, who left the banking industry following the Asian financial crisis. Webcash pioneered several key services in the South Korean market, including convenience store ATMs and corporate internet banking in the early 2000s. It was the first fintech company to be listed on the KOSDAQ in January 2019.

The company's business model transitioned from system integration (SI) to a recurring revenue model based on its Software-as-a-Service (SaaS) offerings. Its product suite serves a wide range of clients, from small and medium-sized enterprises (SMEs) to large corporations and public institutions. Key products include 'Kyungrinara' for SMEs, 'Branch' for mid-to-large sized companies, and 'In-House Bank' for large enterprises and public institutions. These platforms connect with hundreds of financial institutions across dozens of countries, enabling clients to manage funds, automate accounting, handle expenses, and process taxes. In 2025, Webcash began converting its B2B products into AI-powered solutions, equipping them with a proprietary financial AI agent called 'AI CFO'.

Webcash Group operates globally with a differentiated strategy, focusing on B2B fintech solutions for Asian markets and tech-based SaaS for Western markets like Europe and the Americas. It has established international offices in China, Japan, Cambodia, Vietnam, and the UK. The company has launched localized versions of its products, such as 'WABOOKS' in Vietnam and Cambodia, and 'WeBill365', a billing and payment solution, also in Southeast Asia. Through its global expansion efforts, Webcash aims to secure thousands of international customers and grow its commission-based revenue.

Keywords: B2B fintech, financial software, SaaS, corporate banking solutions, expense management, funds management, ERP solutions, AI accounting, cash management, bookkeeping software, e-invoicing, digital payments, global financial management, system integration, public sector finance, corporate finance tools, payment processing, financial AI agent, cross-border payments, fintech platform