Company Profile
KakaoBank Corp., an Internet bank banks services through electronic financial transaction method in South Korea. It offers various deposits, including checking, group, safe box, piggy bank, journal account, time deposits, flexible savings, and 26 week and one month savings accounts.
Its portfolio also includes loans, comprising micro, overdraft, credit, used car, housing deposit, housing deposit loan refinancing, mortgage, and mortgage loan refinancing loans, loan comparison, credit loan refinancing, and credit information services, and investments/ forex products, which include funds, securities brokerage accounts, overseas remittance, WU transfer, and dollar boxes
Cards, including friends and group, co-branded credit cards, and credit card platforms; and business owner and mini services. It operates mobile banking centers and computer data centers. Founded in 2016 and headquartered in Seongnam-si, South Korea, the company was formerly known as KakaoBank of Korea Corp. before rebranding in June 2020.