Coocon links 50 global payment services, plans 100 AI MCP products
The data platform says a Singapore subsidiary will pursue a local electronic money institution license, with a 2027 target, according to datanet.co.kr.
Coocon has completed integration with about 50 global payment services through seven global payment providers, including UnionPay and Liquid Group, the company said in a business update reported by datanet.co.kr. The South Korean data platform has also released about 30 AI MCP products since July 2026, which let AI agents use financial and public data such as identity and qualification verification and real estate and vehicle information.
In South Korea, Coocon completed QR payment linkage between Kakao Pay and Seoul Pay. The company said it plans to expand its AI MCP lineup to about 100 products by the second half of 2026 and to convert all of its products to AI MCP-based APIs by 2027.
Singapore subsidiary and MPI license
Coocon established a Singapore subsidiary in September 2026 and is preparing to obtain a local electronic money institution (MPI) license, targeting 2027.
DB Securities analyst Na Min-wook projected that the new AI MCP and global payment businesses could begin full earnings contribution from 2027.
Quick answers
How many AI MCP products has Coocon released?
About 30 since July 2026, with plans to expand to about 100 by the second half of 2026.
How many global payment services has Coocon integrated?
About 50, through seven global payment providers including UnionPay and Liquid Group.
When does Coocon expect the new businesses to contribute to earnings?
DB Securities analyst Na Min-wook projected a full earnings contribution from 2027.