Launched in July 2017, KakaoBank Corp. is a leading digital-only bank in South Korea, established by a consortium led by Korea Investment Holdings and Kakao Corp., the operator of the nation's most popular messaging app. The bank's mission is to innovate financial services by leveraging mobile technology to provide convenient, user-friendly, and accessible banking for everyone. Within its first few years, it achieved massive growth, attracting millions of customers with its simplified processes for opening accounts, securing loans, and making payments, all without the need for physical branches. Its core offerings include deposits, personal credit loans, mortgage loans, credit cards, and overseas remittance services.

Founded in

South Korea