KOREA WHO
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CEO of KONA I
Cho Chung-il
Built Payment Platform Leader Amid IMF Crisis, Focuses on Integrated Prepaid Payment Systems
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Last Updated on Nov 21, 2024
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CEO of KONA I
Copy Url : https://www.koreawho.com/profile/ChoChungil- Life Summary
Cho Chung-il is the Chairman and CEO of KONA I, a fintech company specializing in smart cards and payment platforms.
He was born on January 24, 1962, in Seoul.
Cho graduated from Daekwang High School and earned a degree in Physics from Sungkyunkwan University.
After working at Daewoo Telecom and Korea Information & Communications, he founded KB Technology, the predecessor of KONA I, in 1998.
In its early days, the company developed Korea’s first integrated transportation card system for buses and subways, laying the foundation for its growth.
Subsequently, Cho shifted focus to the smart card business utilizing IC chips, establishing KONA I as the leading company in this field in Korea.
He sees the company’s integrated prepaid payment system, “Kona Plate,” as a new growth driver and is actively working to expand its market presence.
#ChoChungIl #KONAI #SmartCards #PaymentPlatforms #Fintech #TransportationCards #KonaPlate #Entrepreneurship #Innovation #BusinessLeadership
He was born on January 24, 1962, in Seoul.
Cho graduated from Daekwang High School and earned a degree in Physics from Sungkyunkwan University.
After working at Daewoo Telecom and Korea Information & Communications, he founded KB Technology, the predecessor of KONA I, in 1998.
In its early days, the company developed Korea’s first integrated transportation card system for buses and subways, laying the foundation for its growth.
Subsequently, Cho shifted focus to the smart card business utilizing IC chips, establishing KONA I as the leading company in this field in Korea.
He sees the company’s integrated prepaid payment system, “Kona Plate,” as a new growth driver and is actively working to expand its market presence.
#ChoChungIl #KONAI #SmartCards #PaymentPlatforms #Fintech #TransportationCards #KonaPlate #Entrepreneurship #Innovation #BusinessLeadership
- Life Summary
- Career Highlights & Challenges
- · Governance Structure of KONA I
- · Decline in Smart Card Sales Leads to Weakened Performance in 2024
- · Collaboration with Naver Cloud for Prepaid Payment Services
- · Partnership with Unipost to Strengthen B2B Business Competitiveness
- · KONA M Becomes a Wholly Owned Subsidiary
- · Selected Again as Operator for ‘Youth Bapsim Start On’ Meal Support Program
- · Partnership with Onus to Enhance Customer Experience Using Kona Plate
- · Launch of Comprehensive Alternative Investment Management Solution ‘KIWA Asset Management System’
- · Partnership with Kookon for Data Utilization and Open Data Framework
- · Introduction of the 2nd-Generation Button-Type Smart Card Key
- · Launch of Travel Zero Card
- · Kona Plate Showcase Introduces New Payment Platform
- · Entering the MVNO Market
- · Launch of Token Securities Digital Transaction Platform
- · Signed Agreement for Joint Operation of Gyeonggi Local Currency
- · Launch of Healthcare Platform ‘Kona Health’
- · Launch of Public Taxi-Hailing Service ‘e-eum Taxi’
- · Launch of Real Estate Valuation Service ‘Jadu, How Much Is This Place?’
- · Launch of Blockchain Platform Kona Chain
- · History of KONA I
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- Professional Timeline
- Educational Background
- Family & Personal Connections
- Awards & Recognitions
- Additional Information
- Notable Quotations
- Infographic & Photos