Kakao Bank
Kakao Bank is a South Korean mobile-only bank launched in 2016. Within just two years, the bank has achieved profitability. It is the first mobile-only bank to go public. As of end-2021, it has over 18 million users.
KakaoBank buys 10% in Superbank, enters partnership to boost digital banking in Indonesia
Superbank is planning to publicise its mobile app later in the year.
KakaoBank buys 10% in Superbank, enters partnership to boost digital banking in Indonesia
Superbank is planning to publicise its mobile app later in the year.
KakaoBank modernises data management system
The mobile-only bank targets to modernise its data management system.
Kakao Bank, Kakao Pay shares tumble as fire disrupts services: report
All services under Kakao were severely affected by the data center fire.
South Korea’s kakaobank “most recommended” retail bank in APAC: survey
Indonesia’s BCA and StanChart Taiwan also topped the list.
South Korea’s Kakao Bank to raise over $2.2b in IPO
Shares were priced at the top end, at KRW39,000 ($34).
South Korean incumbent banks’ profits at risk as Kakao Bank expand loan services
The internet-only bank plans to launch mortgages and merchant loan products.