KakaoBank
Banking & Finance
KakaoBank, SCBX to open internet bank in Thailand
Nov 04, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card, KakaoBank to team up for PLCC
South Korea's Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business agreement to develop and ...
Jun 27, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KakaoBank sees record quarterly net profit
South Korea's KakaoBank Corp. enjoyed a record quarterly net profit of 111.2 billion won ($81 million) for the first quarter of this year, the compa...
May 09, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KakaoBank to acquire 10% stake in Super Bank Indonesia
South Korea's KakaoBank Corp. announced on Tuesday its decision to invest in Indonesia's digital banking entity PT Super Bank Indonesia.This move pl...
Oct 10, 2023 (Gmt+09:00)
1 Min read -
Banking & Finance
S.Korea's KakaoBank to launch internet bank in Thailand
South Korea's KakaoBank Corp. has begun its advance into Southeast Asia through a tie-up with a financial company in Thailand. KakaoBank on Friday sa...
Jun 16, 2023 (Gmt+09:00)
1 Min read -
Korean startups
Popular app operators in South Korea race to create super apps
App operators in South Korea are in stiff competition to create super apps – as clear winners have emerged in different business sectors.The do...
Aug 03, 2022 (Gmt+09:00)
3 Min read -
IPOs
Kakao Pay slips on profit-taking after strong KOSPI debut
Kakao Pay Corp. ’s stock tumbled after a strong debut on the South Korean main stock market as investors booked profits, keeping an eye on if t...
Nov 04, 2021 (Gmt+09:00)
4 Min readlanguage -
IPOs
Kakao Pay sets IPO price at top end on heated demand
Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong ...
Oct 22, 2021 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Korea Post nets nearly $1 bn from KakaoBank block sale
Korea Post has netted slightly over 1 trillion won ($861 million) from the block sale of its shares in South Korea's largest internet-only lender Kak...
Sep 02, 2021 (Gmt+09:00)
3 Min read -
IPOs
Kakao Pay cuts IPO price by 6% for October listing
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial public ...
Aug 31, 2021 (Gmt+09:00)
1 Min read -
IPOs
Tencent, Korea Value poised to see sixfold return from KakaoBank
Chinese technology giant Tencent Holdings, Korea Value Asset Management Co. and South Korea's top lender Kookmin Bank are among a group of shareholde...
Jul 27, 2021 (Gmt+09:00)
3 Min readlanguage -
IPOs
KakaoBank, Krafton, other heavyweights set to sizzle in hot IPO season
South Korea’s initial public offering market is sizzling with KakaoBank Corp. and other big names set to go public in coming weeks amid expecta...
Jul 25, 2021 (Gmt+09:00)
4 Min readlanguage -
IPOs
Is the KakaoBank IPO too expensive?
Debate is heating up over KakaoBank Corp.’s new share value ahead of an initial public offering of the mobile banking unit of South Korea&rsquo...
Jul 20, 2021 (Gmt+09:00)
3 Min readlanguage -
IPOs
Kakao Pay must refile IPO registration statement to FSS
South Korea’s financial regulator Financial Supervisory Service (FSS) on July 16 requested correction of Kakao Pay’s IPO registration sta...
Jul 16, 2021 (Gmt+09:00)
1 Min read -
IPOs
KakaoBank’s $2.3 bn IPO set to alter Korea’s banking landscape
KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion) ...
Jun 28, 2021 (Gmt+09:00)
4 Min readlanguage -
Banking & Finance
Toss Bank to compete with K Bank, Kakao Bank from September
Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss B...
Jun 11, 2021 (Gmt+09:00)
4 Min read -
Banking & Finance
Internet-only K Bank to raise $1.05 bn in rights offering
South Korea’s first internet-only bank, K Bank, will be raising 1.2 trillion won ($1.05 billion) from existing and new investors for business e...
May 21, 2021 (Gmt+09:00)
2 Min readlanguage -
IPOs
Kakao Bank applies for preliminary review of 2021 IPO
Kakao Bank, South Korea's No.1 mobile banking app., has kicked off the process to go public by applying for a preliminary review of its stock market ...
Apr 15, 2021 (Gmt+09:00)
2 Min readlanguage -
Pre-IPOs
Anchor Equity, TPG invest $500 mn in Korean mobile banking app
Hong Kong-based Anchor Equity Partners has agreed to invest 250 billion won ($226 million) to buy new shares in South Korea’s KakaoBank, shortly...
Nov 17, 2020 (Gmt+09:00)
1 Min read
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