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![Kwon Nam-hee, CEO of Mergeplus, appears at the Seoul Southern District Court in Yangcheon District, western Seoul, in December 2021 for a warrant review. [NEWS1]](https://image.koreajoongangdaily.com/12379142.jpg?imageId=12379142&width=240&height=184&format=webp&format=jpg)
![Financial Supervisory Services Governor Jeong Eun-bo speaks about easing regulations on fintech companies at a press conference held in Mapo District, western Seoul, on Thursday. [YONHAP]](https://image.koreajoongangdaily.com/10988678.jpg?imageId=10988678&width=240&height=184&format=webp&format=jpg)
![Police officers raid headquarters of Mergeplus in Yeongdeungpo District, western Seoul, on Wednesday. The company is under investigation on charges of violating the Electronic Financial Transaction Act. [YONHAP]](https://image.koreajoongangdaily.com/11597114.jpg?imageId=11597114&width=240&height=184&format=webp&format=jpg)
![The Mergepoint company logo in Yeongdeungpo, western Seoul, on Aug. 18. The Financial Supervisory Service reported Mergeplus to the Seoul Metropolitan Police Agency after the company repeatedly refused to hand in its financial statement, the financial regulator said on Wednesday. [YONHAP]](https://image.koreajoongangdaily.com/11469061.jpg?imageId=11469061&width=240&height=184&format=webp&format=jpg)
![The Mergepoint headquarters building in Yeongdeungpo, western Seoul [NEWS1]](https://image.koreajoongangdaily.com/10982813.jpg?imageId=10982813&width=240&height=184&format=webp&format=jpg)
![Customers fill the headquarters of Mergeplus on Friday afternoon in Yeongdeungpo, western Seoul, demanding refunds after the company reduced the number of affiliated shops and stopped selling Mergemoney on Aug. 11. [YONHAP]](https://image.koreajoongangdaily.com/10233403.jpg?imageId=10233403&width=240&height=184&format=webp&format=jpg)