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Finance
KakaoPay Securities CEO says it aims to reach 20 million investors within three years
KakaoPay Securities set a goal of reaching 20 million investors within three years by rolling out an AI investment agent and leveraging Kakao affiliate platforms. It plans to launch a service for U.S. investors to invest in South Korean stocks in the first half of next year and is reviewing 24-hour trading through tokenisation. The company also plans to expand investment banking, focus on venture capital and pursue a stock-gifting programme.
AI & Enterprise
Truth behind chip stock fall from China AI models
Chinese AI startups are stepping up challenges to OpenAI and Anthropic, with models such as DeepSeek V4, Z.ai’s GLM 5.2 and Moonshot AI’s upcoming open-source Kimi K3 drawing attention. The Kimi K3 announcement coincided with sharp falls in U.S.-listed chip and AI infrastructure-related shares, including Nvidia and Micron. The moves have fuelled questions over whether demand for expensive AI hardware will meet expectations as efficient, open-source Chinese models gain share.
Finance
Fintech hot issue: AI services spread across finance as BNPL market expands
Financial companies including major banks are introducing a growing range of AI-based services, raising questions about whether consumers will see tangible benefits. Shinhan Bank launched an OpenAI GPT-based export document screening service, while KakaoBank and Toss Bank expanded AI offerings. The Export-Import Bank of Korea plans to invest 20 trillion won over five years to support domestic AI firms. Overseas, U.S. BNPL payments hit records during the year-end shopping season, Adobe Analytics data showed.