Kakao Bank
IPO카카오뱅크
Seoul, South Korea · Founded 2016 · $2.2B raised
- Headquarters
- Seoul
- Employees
- 1001–5000
- Founded
- 2016
- Business Model
- B2C
- Website
- kakaobank.com
- Total Funding
- $2.2B
About
KakaoBank is South Korea's first and largest mobile-only bank, founded in 2016 as a joint venture between Kakao Corp and KB Kookmin Bank. Operating entirely through a smartphone app with no physical branches, it serves tens of millions of Korean retail customers with checking accounts, savings, loans, foreign exchange, and investment products. The bank went public on the Korea Exchange in 2021 and has since expanded beyond domestic retail banking — exporting its AI-driven mobile platform and credit-scoring technology to partners in Thailand, Indonesia, and Mongolia. Its conversational AI banking assistant surpassed 5 million users within one year of launch.
Summary
Kakao Bank is a Fintech company based in Seoul, South Korea, founded in 2016. It has raised $2.2B in total.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Aug 2021
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