Kakao Pay files for IPO with $1.4bn target
The firm is scheduled to debut on KOSPI on 12 August.
The firm is scheduled to debut on KOSPI on 12 August.
The quicker we are to innovate and implement new features and tech, the better.
Kakao Bank’s new chatbot hopes to address the increasing customer demands.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Kakao Bank, one of South Korea’s first digital only banks, says it has attracted KRW 535 billion ($477 million) worth of business in deposits and loans in just four days since its launch.
South Korea’s banking sector is getting a shake up with two digital-only banks applying for regulatory approval in the second half of this year. According to Financial Services Commission (FSC) chairman Yim Jong-yong; K Bank, led by KT Corporation (formerly Korea Telecom), and Kakao Bank, led by internet company Kakao; plan to apply for approval […]