Daou Data Corp. (032190.KQ) provides IT solutions and online/offline payment infrastructure services primarily in South Korea and internationally. The company offers KIWOOM pay VAN services, including dynamic currency conversion, tax refunds, and mobile applications for operation management; KIWOOM pay PG services for online transactions featuring merchant management dashboards and secure payment processing; and comprehensive IT solutions encompassing software distribution, security solutions, analytical tools, cloud services, consulting, and online marketplaces. Founded in 1992 and headquartered in Seoul, South Korea, Daou Data operates within the information technology services sector, targeting industries such as finance, telecommunications, public sectors, and e-commerce with optimized global software and payment processing capabilities supporting annual transactions exceeding KRW 28 trillion. As part of the Daou Kiwoom Group, it maintains affiliations with entities like Kiwoom Securities and Korea Information Certificate Authority.
In recent developments, Daou Data continues to expand its data center infrastructure through group synergies, with construction underway on a hyperscale facility offering 40MW capacity by late 2026 to support AI workloads, cloud services, and high-density computing up to 30kW per rack; this follows the 2016 opening of its Mapo data center and aligns with strategic growth in APAC. The company benefits from a March 2025 strategic partnership between affiliate Daou Technology and SC Zeus Data Centers to accelerate high-performance, sustainable data center solutions amid surging AI demand. These initiatives underscore Daou Data's focus on digital transformation, payment innovation, and infrastructure scalability amid evolving fintech and cloud trends.