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KB Financial Group (CEO Yoon Jong-gyu) is starting to operate the 'KB Global Platform No. 2 Fund' worth about KRW 250 billion to discover promising domestic and foreign startups early and serve as a foundation for these companies to grow into next-generation unicorn companies.

KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, KB Capital, etc. have invested approximately KRW 200 billion in the KB Global Platform No. 2 Fund.

The main investment targets of the fund are start-ups in Southeast Asia and India and the United States. of bio and healthcare startups, and plans to allocate up to 30% of the fund management resources to domestic startups with high growth potential. KB Investment will be in charge of fund management.

KB Financial Group created and operated the 'KB Global Platform No. 1 Fund' worth approximately KRW 220 billion in 2019 with the participation of major affiliates. Invested in and supported startups in various fields in Southeast Asia, including Grab, which is famous for Southeast Asian version of Uber, used car brokerage platform, interest-free installment payment service (Buy Now, Pay Later), and Insuretech.

This KB Global Platform Fund No. 2 will be managed by Yu Jung-ho, managing director of KB Investment Global Investment Group, and Kuk Chan-woo, managing director of KB Investment Bio Investment Group.