2024.08.06. The Fair Economy — Fintech startup ConnexioH (CEO Lee Gyeong-ho) recently announced that its analytics solution for Naver Smart Store sellers, 'Memopan', has surpassed 40,000 registered business members. This is a milestone achieved in just four months after the number of registered businesses exceeded 30,000 last April.
According to ConnexioH, 'Memopan', which means "all daily sales", provides Naver Smart Store sellers with product ranking tracking, keyword analysis and listing information management by leveraging real-time collected e-commerce data.
Within one month of launching the service last year, more than 10,000 business sellers registered. The platform has since secured over 43,000 businesses.
'Memopan' is the most widely used external commerce solution among Naver Smart Store sellers, ranking first.
Business sellers can check the real-time top-exposure rankings of all their products on sale through 'Memopan'. They can also receive detailed keyword, category and market analysis for product sourcing. In particular, they can receive daily listing information analysis for their products in accordance with Naver Smart Store's search engine optimization (SEO) guidelines.
'Memopan' has been selected as an official partner by Naver and receives data through the Smart Store Center's Application Programming Interface (API), giving it higher data reliability compared to competing services.
ConnexioH, which provides 'Memopan', has been selected for programs including the TIPS program, KB Financial Group Starters, Shinhan Financial Group Futures Lab, KDB NextONE, Woori Financial Group Dino Lab, BNK Financial Group Storage B, Hana Bank DVS project, Hana Financial Group 1Q Agile Lab, IBK Changgong, Seoul Metropolitan Government's Second Seoul Fintech Lab, Samsung C-Lab Outside, KB Kookmin Card Future Nine and the Hana Bank-SK AI Startup Accelerator. It is attracting significant interest from the financial industry and venture capital (VC) firms. The company was also named among the top 50 startups in the startup category at 2024 MWC Barcelona held in Barcelona, Spain.
Lee Gyeong-ho, CEO of ConnexioH, who is a former Chief Information Security Officer (CISO) at Naver and currently a professor at the Graduate School of Information Security at Korea University, said, "We plan to provide enterprise-level IT services through Memopan so that startups with no capital or physical stores can succeed. Memopan will be the future and hope for online businesses."
'Memopan' currently offers a seven-day free trial upon registration to allow initial users to experience the service without burden. The platform is also conducting survey events within the service to check the convenience of its use for businesses and to improve the service.
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