[Photo: KakaoBank]

KakaoBank will enter the capital market through the acquisition of Marston Capital.

KakaoBank disclosed on June 25 that it is pursuing the acquisition of 100 percent of Marston Capital.

The acquisition is part of KakaoBank’s ongoing plan to enhance corporate value. KakaoBank plans to expand services into non-bank lending to build a sustainable growth foundation.

Marston Capital is a specialised credit finance company established in 2022 through joint investment by Marston Investment Management and NH Investment & Securities. It operates leasing finance and corporate finance, among other businesses.

KakaoBank plans to complete the acquisition procedures as early as by year-end and secure the licences and operating base needed to enter the capital business.

A KakaoBank official said, "We aim to extend the non-face-to-face financial innovation technology and know-how we have accumulated into the capital business to provide new financial experiences across various areas closely connected to customers' daily lives."

Keyword

#KakaoBank #Marston Capital #NH Investment & Securities #Marston Investment Management #non-bank lending
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