– Recorded a 75.8% sales growth rate from 2020 to 2023, with an average annual growth rate of 20%
– Achieved cumulative transaction volume of 1.3 trillion won, establishing the crowdfunding model in South Korea
Funding Store Platform Wadizhas been selected for the Financial Times (FT) Asia-Pacific High-Growth Companies 2025 list. This announcement marks Wadizfourth consecutive year on the list, following its selection for three consecutive years from 2020 to 2022.
The FT High Growth Companies Asia-Pacific 2025 is an annual ranking of the top 500 fastest-growing companies across 14 Asia-Pacific nations, jointly compiled by the Financial Times and global research firm Statista. This year marks its seventh edition.
This year's survey targeted companies with 2020 revenues exceeding $100,000 and 2023 revenues exceeding $1 million, selecting the top 500 based on revenue growth rate.
Wadizrecorded a revenue growth rate of 75.8% from 2020 to 2023 and an average annual growth rate of 20%, ranking 45th in the fintech sector.
Wadizbegan with crowdfunding and has expanded its services into distribution areas such as pre-orders and stores, supporting 'makers' who create change in everyday life through new challenges. The number of makers starting businesses or launching new products through Wadizhas steadily increased, with the platform having facilitated over 80,000 projects to date and successfully raised over 1.3 trillion won in funding.
Last year in particular, the average funding amount per supporter participating in campaigns surpassed 130,000 won, marking a 110% increase over six years and demonstrating the platform's high growth potential.
With funding growing this rapidly, the company has achieved both solid growth and improved profitability. Following its first monthly operating profit in November 2023, it recorded positive EBITDA in the second quarter and positive operating profit in the third quarter.
Wadiz CEO Shin Hye-sung stated, "For over a decade, we have built Korea's funding ecosystem where SMEs can thrive and new brands can emerge." She added, "To enable more dreamers to create new revenue and opportunities, Wadizis now expanding beyond Korea to the global stage."
Meanwhile, Wadiz, a pioneer in Korea's crowdfunding industry, is accelerating its global expansion. Aiming to launchWadiz Global Service' this May, it is currently recruiting global funding makers. Wadiz Global Service connects domestic makers (brands and companies) with overseas customers, helping makers and brands active Wadizexpand beyond Korea into international markets.
Funding makers will be able to easily and conveniently run global projects in the same way they previously conducted funding and pre-order projects Wadiz. Wadizplans to launch its web-based service in the first half of the year and sequentially introduce the app version.
