[Edaily Reporter Kang Min-koo ] Global fintech company Hecto Financial(234340)achieved its best-ever cumulative results for the first three quarters, driven by balanced growth across its core business segments.

Hecto Financial announced on the 9th in a preliminary earnings release that its consolidated revenue for the third quarter of this year rose 14.9% year-over-year to 52.6 billion won, while operating profit increased 6.2% over the same period to 4.8 billion won.

On a consolidated basis, cumulative third-quarter results showed revenue of 160.2 billion won and operating profit of 18.5 billion won, representing year-over-year increases of 17.6% and 54.4%, respectively.

Hecto Financial continues to grow thanks to the stable expansion of its core payment services—such as simple cash payments and payment gateway (PG) services—along with the expansion of new merchant partnerships and increased transaction volumes. In particular, rising revenue from simple cash payments, driven by the growth of high-margin services based on its proprietary membership system—including direct bank account payments—led to improved profitability.

Hecto Financial is maintaining stable growth as the number of global merchants in its cross-border settlement business—launched in 2023—continues to rise, while expanding the scope of its global payment and settlement business through services such as small-amount international peer-to-peer (P2P) remittances based on its foreign currency license. Furthermore, the company is laying the groundwork to secure a leading position in the AI payment market through initiatives such as a proof of concept (PoC) for Agent AI payments and participation in the “x402 Foundation,” the standard-setting body for AI payments.

Choi Jong-won, CEO of Hecto Financial, stated, “We achieved our best-ever cumulative results as of the third quarter through stable growth and enhanced profitability in our core payment business.” He added, “We will strengthen our position as a global fintech company by enhancing the competitiveness of our existing businesses while expanding our global operations and building next-generation payment infrastructure, such as stablecoins and Agent AI payments.”