Settlebank

Settlebank (now rebranded as Hecto Financial) is a leading South Korean fintech company specializing in cash payment processing, virtual account settlement, and payment gateway services. Founded in 1998 and headquartered in Seoul, South Korea, the company became the dominant provider of virtual account settlement services across all 21 major Korean banks, processing utility bill payments and e-commerce transactions at scale. The company was publicly listed on the Korean stock exchange and rebranded to Hecto Financial in 2022, expanding its services to include network services, credit card settlement, billing, and merchant payment solutions.