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 expands AI research at ICN10 data centre
KakaoBank expands AI research at ICN10 data centre
Digital Realty's ICN10 data centre was selected for its optimized AI deployments.
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.
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