kakaopay Corp.
KKRX:37730034,050.00
KRW
-700.00
(-2.01%)
ISIN
KR7377300009
Return %
Stock
S&P 500
1Y
-35.27
14.39
3Y
-7.72
81.42
5Y
- -
68.62
Capital Structure
KRW
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in mil. unless spec.Working Capital
KRW
•
in mil. unless spec.Growth Rates
KRW
•
in mil. unless spec.Quarterly Revenue
KRW
•
in mil. unless spec.Quarterly Earnings Per Share
KRW
•
in mil. unless spec.Quarterly Dividends Per Share
KRW
•
in mil. unless spec.Company Description
- CEO
- Won-Geun Shin
- Full Time Employees
- 1,282
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 166 Pangyoyeok-ro, Bundang-gu Seongnam-si GY South Korea 04542
- IPO Date
- Nov 3, 2021
- Website
- kakaopay.com
- Similar Companies
- Business
- Kakao Pay Corp. (377300.KS) operates as a leading fintech platform in South Korea, providing a comprehensive suite of mobile financial services integrated with the Kakao ecosystem. The company offers money transfers, online and offline payments via QR codes and NFC, membership programs with barcode scanning, personal financial management (PFM), bill payments with reminders, investment products including funds and small-amount real estate investments, loans through credit score care and comparison services, insurance products such as short-term policies for travel, drivers, and infants, authentication services using PKI and biometric verification, and additional features like receipt management, my documents, and delivery services. Kakao Pay serves consumers and merchants primarily in South Korea, with expanding cross-border capabilities through NFC solutions for 150 million Mastercard merchants in the Americas, Europe, and Oceania, as well as partnerships enabling overseas usage. Founded as a service in 2014 and established as a corporation in 2017, the company is headquartered at 152 Pangyoyeok-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea, and functions as a subsidiary of Kakao Corp. In recent developments, Kakao Pay entered advanced talks in 2025 to acquire SSG Pay and Smile Pay from Shinsegae Group for approximately $365 million, aiming to integrate over 25 million users and bolster its position among Korea's top payment providers. The company expanded its global footprint by adopting NFC for cross-border payments in alliance with Alipay+ and Mastercard, marking it as the first Korean digital pay service to enable seamless transactions abroad, while launching a beta AI-powered card and payment recommendation service to optimize user spending. Additionally, Kakao Pay Securities advanced discussions for a global partnership with U.S.-based Siebert Financial, following a prior strategic investment intent, to enhance overseas stock trading and brokerage services. These moves reflect ongoing expansions in financial services, including stronger insurance growth with 38% rise in gross premiums written and plans for AI integrations via Kakao's agentic platform in 2025-2026.