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English-first Korean equity intelligence — DART filings, foreign-holder 5%-rule flows, Korean activist filings, industry news. Free public daily web snapshot + paid MCP for AI agents.

Project description

koreanpulse

koreanpulse

Get pinged in English the moment a 5%-rule filing or DART event hits a stock you care about. (Beta — watchlist polling + alert dispatch ship Q3 2026.)

The pitch: We'll watch your KRX tickers in Korean and ping you in English when something material moves — foreign-holder 5%-rule disclosures, Korean activist filings, major DART events. KRX itself, ASIFMA, Wellington and Aberdeen all on record — Korean disclosure flow into English is structurally inadequate. Bloomberg costs $24K/yr and still misses the front page of 전자신문. We translate, classify, and route the same Korean primary sources institutional analysts read into your Discord / Telegram / inbox. Free public daily snapshot at /today (live today); paid Cloud tiers for the workflow (Solo $29/mo, Analyst $79/mo, Desk $249/mo) — lock-in pricing for waitlist; queries + hosted translation are live today, watchlist polling + alert dispatch ship Q3 2026. OSS self-host available for hackers — see Run it yourself.


Status

Pre-alpha (v0.0.0). 7 MCP tools shipped. 181 tests pass. Beta/waitlist tone — watchlist polling + alert dispatch ship Q3 2026. Beta acquisition plan in docs/BETA.md.


Why this exists

"Majority of foreign investors find it surprisingly difficult to penetrate the Korean hedge fund market due to its limited accessibility and availability of information in foreign language." — HedgeVista, 2025

"Published information should be made available in both Korean and English for all investors." — ASIFMA Korean Capital Markets Report, 2022

"The Korea Exchange will provide investor relations services to companies that lack the capability, particularly in English." — Wellington Management on Korea Value-Up program, 2025

The English-IR gap is multi-source verified. The triggers below sit on top of it:

  • 2026-04 to 05 retail inflection — Hana × Futu (3.3M HK retail accounts) and Samsung × Interactive Brokers (4.6M global retail) launched direct KRX trading in the last 7 days. ~7.9M foreign retail accounts now wired in, up from ~0 two years ago. May 4 saw a record 3.9T₩ ($2.7B) single-day foreign net-buy on KOSPI+NXT. (Sources: FSC, 주간한국, KED Global)
  • KOSPI on the MSCI Developed Market watchlist → expected foreign capital inflow
  • IRC (Investor Registration Certificate) abolished Dec 2023 — foreign account openings accelerated 3–4× vs 2023 baseline (FSC)
  • Millennium made its first Korean allocation ($250M to Billionfold) in 2025
  • Korean activist scene maturing (KCGI, Align Partners) + global activists filing in Korea (ValueAct, Elliott)
  • Korean shipbuilding, HBM, defense, biotech all globally relevant — but Korean-only sourcing
  • Korean retail rotated heavily out of crypto into KOSPI ($110B left Upbit/Bithumb in 2025)
  • Bloomberg/FactSet enterprise tier only — indie/SMB tier empty

Who pays

Audience Plan Why
Crypto-native rotator into KOSPI/KOSDAQ Cloud Solo $29/mo One Discord channel pinged on watchlist hits — that's the whole job
Korean diaspora / overseas Korean investor Cloud Solo $29/mo English digest of the news they grew up reading, alerts to Telegram
K-content / EM journalist Cloud Solo $29/mo Replaces hours of manual translation, daily English digest
Boutique fund analyst covering Korea Cloud Analyst $79/mo 25 watchlists, 1-year archive search, multiple alert channels, CSV/JSON export
Paid-research-budget retail trader Cloud Analyst $79/mo Saved searches, priority cache, multi-channel alerts
Boutique long/short desk, small research team Cloud Desk $249/mo 3 seats, shared watchlists, Slack/webhook alerts, team archive

The free daily snapshot at /today (no login, no API key) is the funnel front door — a preview of the daily digest paying customers get pushed to their channel of choice.

Design partner program available for the first 20 named seats — contact us.

Pricing

🚧 Beta — lock-in pricing for waitlist. Solo $29 / Analyst $79 / Desk $249. Queries + hosted translation cache are live today. Watchlist polling, alert dispatch, seat enforcement, and per-tier retention windows ship Q3 2026. Today the only runtime-enforced difference between tiers is the monthly query cap (2K / 15K / 100K); seat counts, watchlist counts, alert-channel limits, and archive-retention windows are paper limits until the polling/dispatch loop lands. Early supporters keep the launch rate — no auto-charge until the workflow ships.

Tier $/mo Watchlists Queries/mo Archive Alert channels
Cloud Solo 29 5 (Q3 2026) ~2,000 (live) 30 days (Q3 2026) 1 Discord or Telegram (Q3 2026)
Cloud Analyst 79 25 (Q3 2026) ~15,000 (live) 1 year (Q3 2026) Multi (Discord / Telegram / Email) (Q3 2026)
Cloud Desk 249 shared, 3 seats (Q3 2026) ~100,000 (live) team archive (Q3 2026) Slack / webhooks (Q3 2026)

Annual billing: −20% at launch. 30-day refund.

Enterprise / SLA: contact us. No published price.

Run it yourself (OSS)

Source is AGPL-3.0. Self-hosters can run the MCP server locally with their own DART and OpenAI keys. This path is for hackers and max-privacy users.

OSS self-host Cloud (Solo / Analyst / Desk)
Cost $0 $29 / $79 / $249 per month
Provider keys your DART_API_KEY + your OPENAI_API_KEY your DART_API_KEY (stays local); we hold the OpenAI key for you
Local install required yes (pip install koreanpulse) yes (same pip install; only translation calls hit our Worker)
Watchlist polling + alerts not included Q3 2026 ship target (waitlist)
Hosted archive none Q3 2026 ship target (30 days / 1 year / team archive)
Hosted translation cache none included (cross-tenant cache hits compound, live today)
Account sync none Q3 2026 ship target
Support community only (issues/PRs) priority support on Analyst / Desk
Best for hackers, privacy-strict envs, OSS contributors anyone who'll want the watchlist-to-alert workflow once it ships

OSS self-host is not in the pricing table above — it's a separate lane. See docs/SELF_HOSTING.md for the install + key wiring. A true HTTP-transport remote MCP (no local install at all) is on the roadmap but not yet shipped.

What it does

7 MCP tools shipped, callable from Claude Desktop / Cursor / any MCP client:

Tool One-line
track_korean_filings DART filings real-time + EN translation/summary
monitor_activist_investors Activist 5%-rule filings auto-tagged (KCGI / Align / Truston / Anda / Cha / VIP / ValueAct / Elliott)
monitor_foreign_holders Foreign 5%-rule disclosures (BlackRock / Vanguard / Norges / GIC / Temasek + 15 more)
lookup_corp_code Korean company name → DART corp code
resolve_stock_code KRX 6-digit → DART corp entry
search_korean_industry_news etnews / 한국경제 RSS, classified into 16 industries
koreanpulse_about Server info / available tools

5 more planned (docs/SPEC.md): digest_analyst_reports, monitor_activist_investors, get_ma_pipeline, track_government_policy, summarize_korean_earnings_call.

Differentiation vs incumbents

Bloomberg FactSet KED Global koreanpulse
Korean primary source depth medium medium English wire only deep
Real-time AI agent integration (MCP) none none none native
Indie/SMB pricing none ($24K+/yr) none free (low signal) $29 / $79 / $249 Cloud tiers (waitlist, lock-in)
Korean activist / M&A pipeline weak weak reactive proactive watch (Q3 2026)

Capacity (DART quota math)

DART caps each API key at 40,000 calls/day (verified 2026-05). We enforce a soft cap at 32,000/day (80%) with DART_DAILY_QUOTA env override.

Filing-list responses go through list_filings_cached() with a freshness-aware TTL (60s for today's window, 1h for ≤6d old, 24h for ≥7d old). Cache hits don't burn DART quota.

Cache hit Customer ceiling/day MAU ceiling (12mo mix)
0% (no filing cache) 32,000 ~800
70% (3-mo realistic) 107,000 ~9,500
85% (mature) 213,000 ~19,000
95% (high reuse) ~25,000 MAU (DART-limited)

Hard ceiling: ~30,000 MAU per DART key. Second key (separate 사업자등록번호) required beyond that.

Forecast 12mo mix (756 MAU) sits at ~930 DART calls/day = 2.9% of soft quota with 70% cache. ~34× headroom to scale before quota engineering.

See src/koreanpulse/cache.py, src/koreanpulse/dart.py:list_filings_cached.

Roadmap

Live today: queries (DART filings, foreign-holder + activist tracking, industry news), hosted translation cache (Cloud KOREANPULSE_CACHE_MODE=hosted), /today daily snapshot, Lemon Squeezy → D1 license issuance.

Q3 2026 ship targets (waitlist):

  • Watchlist polling loop (Cloudflare cron + koreanpulse.alerts)
  • Alert dispatch enforcement (Discord / Telegram / Slack / webhook)
  • Per-tier limit enforcement: watchlist count, alert-channel count, archive retention, seat count
  • True HTTP-transport remote MCP (no local install)

Earlier milestones:

  • W1–2 ✅ project skeleton, FastMCP server, DART client, agentprod integration
  • W3–4 ✅ MVP: track_korean_filings, lookup_corp_code, search_korean_industry_news, translation layer with cache
  • W5–6 ✅ Lemon Squeezy webhook handler skeleton (license auto-issuance)
  • W5–6 ✅ Cloudflare D1-backed LicenseStore (replaces in-memory)
  • W7–8Watchlist polling + alert dispatch (Q3 2026 ship target) — wiring cache-worker cron + daily-worker cron + koreanpulse.alerts module into the watchlist-to-alert workflow that powers Solo / Analyst / Desk. D1 schema and alert-dispatch primitives already shipped; the cron loop is the missing piece.
  • W7–8 digest_analyst_reports, summarize_korean_earnings_call
  • W9–10 Multi-seat / shared watchlists for Cloud Desk
  • W11–12 First paid customer

Architecture

  • MCP server — FastMCP (Python), runs on the user's machine over stdio. Zero hosting cost on our side. Cloud customers still install this locally; switching KOREANPULSE_CACHE_MODE=hosted routes translation calls (only) to the Worker.
  • Cache Worker (cache-worker/) — Cloudflare Workers + KV. Holds our OpenAI key, fronts a global translation cache, gates each call behind a license check. Free tier (100K req/day Workers + 100K read/day KV) covers paid traffic until well past $5K MRR.
  • Daily Worker (daily-worker/) — Cloudflare Workers + KV. Cron-driven /today dashboard build (KST 16:30 weekdays).
  • Webhook Worker (webhook-worker/) — Cloudflare Worker + D1 (SQLite). Handles Lemon Squeezy events and /v1/validate for the Cache Worker. Replaces the old Lightsail/FastAPI/Postgres stack so the operator runs zero servers.
  • Reuses agentprod — Throttle, Retry, CostTracker.

OSS self-host vs Cloud

Two ways to run the MCP, switched via KOREANPULSE_CACHE_MODE. Both require a local install (pip install koreanpulse + 4-line Claude Desktop config); the difference is whether translation calls go through our Worker or directly to OpenAI from your machine.

local (OSS self-host) hosted (Cloud Solo / Analyst / Desk)
Local MCP install required required (same pip install)
Provider key your OPENAI_API_KEY ours, on the Worker (no OpenAI key on your side)
Translation cache local JSONL file global Cloudflare KV (cross-tenant reuse)
Per-call cost OpenAI billed to you absorbed in your Cloud plan
Privacy translation never leaves your machine + OpenAI translation calls go to our Worker; DART traffic still local
Best for hackers, OSS contributors, max-privacy envs anyone who'll want the watchlist-to-alert workflow once it ships

Cache hits are the entire reason a $29/mo Solo plan can sustain healthy gross margin: the same Korean filing title gets translated once, then served to every other tenant on the same plan from KV. See docs/CLAUDE_DESKTOP.md for the env-var split between modes.

Roadmap — true remote MCP (HTTP transport, no local install). Today every customer still runs koreanpulse locally. A Cloudflare Worker hosting the MCP transport directly is on the roadmap but not yet shipped — expect it after watchlist polling/dispatch lands.

Legal posture

  • Korean news: fair-use summaries with attribution + outbound links, no full-text republication.
  • DART, government data: public, free to redistribute with attribution.
  • Korean broker reports: public-facing summaries only (paywalled reports excluded).
  • No spatial / mapping data → 공간정보관리법 무관.
  • No investment advice → 자본시장법 유사투자자문업 무관 (data + summary only).

Billing (Lemon Squeezy webhook on Cloudflare D1)

Billing runs on the webhook-worker/ Cloudflare Worker + D1 (SQLite). The operator runs zero servers. See webhook-worker/README.md for the full deploy + secrets walkthrough; the short version:

cd webhook-worker
npm install
npx wrangler d1 create koreanpulse_db   # paste returned id into wrangler.toml
npm run migrate:prod                     # applies 0001_licenses.sql + 0002_pricing_v2.sql

# Required secrets
npx wrangler secret put LEMONSQUEEZY_WEBHOOK_SECRET
npx wrangler secret put KOREANPULSE_CACHE_SHARED_SECRET   # same value cache-worker uses

# Active pricing v2 variants (one per published tier)
npx wrangler secret put LEMONSQUEEZY_VARIANT_SOLO         # Cloud Solo $29/mo
npx wrangler secret put LEMONSQUEEZY_VARIANT_ANALYST      # Cloud Analyst $79/mo
npx wrangler secret put LEMONSQUEEZY_VARIANT_DESK         # Cloud Desk $249/mo

# Design Partner lifetime (private 20-seat SKU; see footnote in Pricing)
npx wrangler secret put LEMONSQUEEZY_VARIANT_LIFETIME

# Deprecated / back-compat slots (leave unset in production):
#   LEMONSQUEEZY_VARIANT_PRO / _STARTER / _INDIE / _ENTERPRISE
npm run deploy

Endpoints (deployed to https://api.koreanpulse.dev or https://koreanpulse-webhook.<account>.workers.dev):

  • GET /health{"status":"ok"}
  • POST /webhook/lemonsqueezy → HMAC-SHA256 signature verified, idempotent on meta.webhook_id
  • POST /v1/validate → HMAC-signed by the cache-worker, validates license + atomically increments period counter

Handles: subscription_created / _updated / _cancelled / _payment_success / _payment_failed / order_created (lifetime deal). Auto-issues license keys, upgrades plans in place, resets period counters on renewal, preserves lifetime licenses past subscription cancellation.

The earlier path (Python koreanpulse-webhook FastAPI on Lightsail + Postgres) is superseded as of 2026-05-05; for operator memory it lives at docs/legacy/POSTGRES_LIGHTSAIL.md. New deploys should use the Cloudflare Worker path.

Distribution / marketplaces

Listing copy + submission checklists in docs/MARKETPLACE.md:

Beta acquisition (50 users in 30 days) plan + crypto-native channel mix in docs/BETA.md. Demo recording script in docs/DEMO.md. CI / PyPI release pipeline in docs/CI.md.

Real-time alerts (Discord / Telegram / Slack)

Crypto-native rotators want pings, not dashboards. koreanpulse.alerts.send_alert(url, title=, body=) sends to any of:

  • Discord webhooks (https://discord.com/api/webhooks/...)
  • Slack incoming webhooks (https://hooks.slack.com/services/...)
  • Telegram bots (shortcut tg://<bot_token>/<chat_id> or full sendMessage URL)

Fire-and-forget — transport / formatting failures return AlertResult(ok=False) instead of raising, so an outage in one channel never breaks a tool call. See src/koreanpulse/alerts.py.

License

Source: AGPL-3.0. Hosted service: commercial.

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