Search results for child account
Finance
KakaoBank \'Our Child\' account and savings users top 800,000
KakaoBank said on Tuesday that cumulative users of its deposit products for minors, the \'Our Child Account\' and \'Our Child Savings\', have exceeded 800,000 within 10 months of launch. Cumulative subscribed accounts for the \'Our Child Account\' topped 410,000. In the first half of this year, 210,000 of about 1 million new customers signed up for the product, accounting for about 21 percent.
Finance
Kakao finance units post record quarterly results as Bank, Pay step up user and data-driven growth
Kakao Corp’s finance units KakaoBank and KakaoPay posted their best-ever quarterly results in the first quarter, South Korea’s financial sector said. KakaoBank’s net profit rose 36.3 percent to 187.3 billion won, while KakaoPay’s surged 141.5 percent to 34.7 billion won. Both cited user growth, broader revenue sources and expanded data-driven services, alongside stronger platform and advertising-related performance.
Finance
KakaoBank sets mid-to-long-term growth roadmap in motion on record quarterly results
KakaoBank is moving ahead with a mid-to-long-term growth roadmap after posting its best-ever quarterly performance. The company said first-quarter net profit totalled 187.3 billion won, a record for a quarter. It outlined plans to broaden its deposit products, expand AI features, grow lending with tighter risk management and push new businesses including a won-based stablecoin ecosystem. It is also reviewing a capital company acquisition and seeking to monetise overseas operations.
