Finance
KakaoBank steps up digital finance cooperation with Mongolia\'s MBank
KakaoBank is expanding cooperation with a Mongolian digital bank on alternative credit scoring and is pursuing an equity investment. The company said CEO Yun Ho-young attended the Korea-Mongolia Business Forum in Ulaanbaatar on July 9 as part of the South Korean president\'s economic delegation. KakaoBank discussed cooperation with MCS Group and signed a term sheet for a strategic investment in its digital bank unit, MBank.
