Korea's global fintech expo, 2023 Korea Fintech Week, kicked off on August 30 with domestic fintech firms, financial companies, relevant organizations and foreign governments and institutions joining at Dongdaemun Design Plaza (DDP) in Seoul. The 5th annual event is the largest ever in its scale featuring a variety of exhibition halls as well as seminars and educational and experiential programs under the theme of “the new wave of fintech,” and it will be held for three days until September 1. During the opening ceremony, Vice Chairman Kim So-young of the Financial Services Commission delivered welcoming remarks in which he emphasized the need to revitalize the fintech industry to propel innovation and continuous growth of the industry. While laying out three key policy directions to boost support for fintech businesses, Vice Chairman Kim said that the government will directly engage and communicate with fintech enterprises and make sure that a variety of assistance is available on the ground so that our fintech industry can continue to grow amid digital transformation.