"Start managing your student loans easily with your smartphone application."

¡ã (Ãâó: Holaplan)

Holaplan developed the only student loan repayment management app in Korea that combines student loans and FinTech to solve the problem of the current system, which has no guidelines for loan and repayment. Holaplan analyzes the algorithm of student loan repayment to derive personalized repayment plans and is developing a small automatic repayment service that can be easily repaid via mobile.

Han said, "The size of the student loan market is increasing. According to the Ministry of Education's college announcement, about 630,000 students used student loans last year, with the amount exceeding 1.8 trillion won." "However, there are also a number of side effects, with 17,800 borrowers having bad credits last year for failing to pay back their student loans on time. They made student loan payments without experience and knowledge of finance, the damage was even greater. It led me to create an integrated process to manage the entire course of the loan from the right repayment plan to the regular repayment."

CEO Han has a history of planning and developing services, implementing strategies, and overall foreign cooperation through 'Product Owner' from Daily Funding, a P2P financial company. He has experience in successfully launching the service by carrying out cooperative projects with several FinTech startups such as FINDA and Tickle as well as leading companies such as Hyundai Marine & Marine Insurance and SSG Pay.

¡ã (Ãâó: Holaplan)

"Working as a planner at a FinTech company naturally led me to explore financial markets where the benefits of technology have not been met, and the student loan market has become my target. There was no reason not to jump into the student loan market because I sympathized with the problem and had ideas, skills, and experience," said CEO Han. 

Regarding Holaplan's competitiveness and strength, Han said, "it is the only student loan repayment management platform in Korea. In the current FinTech market, which is fascinated by 'money-making', 'refund' was an area outside of interest, Holaplan focuses on 'how to pay back' that no one has been concerned about, and fosters basic financial knowledge and repayment habits of young people."

"If users set the amount, they can save per day to reflect their consumption patterns, they can also see the decreasing loan period and interest on the loan in actual time. Even if you save only 500 won a day, you can experience high savings."

"In addition, users can set 'Nagging Alarms' to alert them with various concepts every day to provide repayment motivation, and check the contents of student loans and finance produced by Holaplan within the app."

Holaplan's goal is to implement a full automatic repayment function by installing banking services in the near future.

It also plans to enter the MyData industry in the first half of next year to strengthen its customer information protection capabilities and introduce comprehensive asset management platform services for youths

"Holaplan wants to establish an integrated process that is responsible for the implementation of the management of student loans. The dream is to provide an integrated process to manage the entire course of student loans from establishing the right repayment plan to managing repayment plan," said Han.