The platform will allow borrowers to compare interest rates offered by lenders and transfer their loans based on repayment costs.
November 16, 2022Coinone will end its partnership with Nonghyup Bank to increase online withdrawal and deposit limits with KakaoBank.
November 14, 2022A fire occurred at a data centre where Kakao operates 32,000 servers that support the vast majority of its mobile services.
October 19, 2022The FSS said KakaoBank launched the new remittance service without proper testing, and provided prohibited loans to major shareholders.
August 5, 2022The approval marks the first time that a newcomer to the insurance industry has been given permission to start a digital insurance company.
April 20, 2022The FSS said KakaoBank's weak monitoring has resulted in the lender's failure to flag suspicious overseas money transfers on several instances.
November 18, 2021Ground X, Kakaobank, Kakao Pay, Consensys, Samsung and Onther are among the firms that will participate in the pilot. Phase one will be complete by December.
August 9, 2021