Kakao, the most popular instant messenger in South

2022-07-24
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Kakao, the largest instant messaging operator in Korea, has stepped into the financial industry.

kakao, the largest instant messaging operator in Korea, has stepped into the financial industry. Kakao bank, the second pure network bank in Korea, has opened.

following K bank, a subsidiary of Korea Telecom, kakao, the largest instant messaging software operator in Korea, has also stepped into the banking industry. Kakao bank, the second pure network bank in Korea, has opened. Users can open accounts as long as they complete online authentication, and enjoy a higher interest rate than traditional banks, Provide small amount transfer transactions between users in combination with kakao talk

Kao bank, a test product like Ka, a pure network bank under kakao, the largest instant messaging software manufacturer in South Korea, officially opened in South Korea on Thursday, becoming the second pure network bank in South Korea after K bank, a high-resolution telecom company that guarantees experimental power

users can download the application app of kakao bank, register to open an account and complete online identity authentication before using the account. The bank provides traditional banking services such as current deposits, time deposits, credit cards and loans, and focuses on more favorable interest rates, transfer and service charges than ordinary physical banks

the bank's transfer service is integrated with the group's instant messaging software kakao talk, making it easier for users to transfer small amounts of money. Due to the popularity of K bank, the first pure network bank, after its launch, local media predict that K phase change material has the advantages of high thermal efficiency, high storage density, and almost constant temperature when storing or releasing energy. With the help of a large number of instant messaging software users, Akao bank has the opportunity to attract a large number of users

in order to promote fintech, the Korean government gave priority to the approval of the businesses of K bank and kakao bank in many industries and fields in 2015. For a long time, in order to avoid the excessive expansion of the chaebol power, the banking supervision regulations of South Korea prohibit a single technology company from investing more than 10% in financial institutions and more than 8% in telecommunications companies. It also once caused the pure network banking type that the technology industry is more interested in, and it has been difficult to officially get on the road

at present, investors in kakao bank also include national bank, eBay, Tencent and other companies. In addition to Korea Telecom, the main shareholders of K bank also include 19 enterprises such as Youli bank

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