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Contents
about flitto
- * Provides human-powered, community verified, crowdsourced content.
- * More than 2.5 million registered users, 170 countries and $0 marketing effort as of March 2014
- * Provides accurate, cost effective, real time translations that can be accessed from your mobile phone (iOS/android) and on the web
- * Enables user to read social media in their native language
- * Aids user to translate languages in images, audio, text
- * If you’re a translator, you can earn points, which can be exchanged for real goods AND you get to earn a good reputation among your fellow flitto members.
Team
Founder, CEO : Simon Lee
Co-Founder, Engineer: Dan Kang
Co-Founder, Engineer: Jinggu Kim
Global Sales Director: Min Hee Song
Mission
“Helping in preservation of languages and cultures by allowing the millions of multilingual people around the world to completely break the language barriers through translations in a dynamic, fun, and interactive way.”
Vision
People to refer to Flitto when they need translations - "Just flitto it!"
Awards & Achievements
- Seedstars World Seoul 2013: Winner
- Start tel aviv Korean competition 2013: Winner
- BeGlobal K-Startup Program 2013: Winner (Best Startup)
- Superstar M Award 2013: Winner
- In Golden Pentagon: Winner
- Ministry of Science, ICT and Future Planning Award Ceremony: 1st
- Mobile Startup Korea 2013: 4th
- Only Korean startup pitching at the Plug and Play Fall Expo
- Top 10 companies to participate at BeGlobal
News
- "The top 7 things you missed at SXSW"
- "7 Digital Tools Discovered at SXSW to Make Your Startup Rock"
- "SXSW: International Companies To Keep An Eye, Ear, And Brain On"
- "Flitto, the Korean startup that uses crowdsourcing to destroy Google Translate"
- "Simon Lee, co-founder of Flitto"
- "How did translation app Flitto bag the top spot at Seedstars World?”"
- "CEO experiments crowd-sourced translation"
business model
- Matching fees
- Connect requestors & translator
- Takes a % from the transaction when completed
- Transaction fees
- Charged to translate content in flitto
- Big data (transaction database sharing)
- Integration with other platforms or services for a fee
Challenges
- What content that attracted people or translators ready to translate content?
- Simon was the only translator and would spend the entire day translating tweets and pushing them to celebrities and fans on Twitter.
- Lack of competitors to benchmark with.
Motivations
other info
Website: flitto
Available on Apple Store here
Available on Android Play Store here
Download our slides here!