About KakaoBank
KakaoBank is a company based in Jeju-si (South Korea) founded in 2016.. KakaoBank has raised $448 million across 1 funding round from investors including TPG and Anchor Equity Partners. The company has 1,660 employees as of December 31, 2024. KakaoBank offers products and services including Mobile Banking App and Certificate Service. KakaoBank operates in a competitive market with competitors including Toss, IBK Securities, dozn and Eugene Savings Bank, among others.
- Headquarter Jeju-si, South Korea
- Employees 1660 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kakaobank Corp.
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Annual Revenue
$2.14 B (USD)0as on Dec 31, 2025
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Net Profit
$332.35 M (USD)0as on Dec 31, 2025
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EBITDA
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Total Equity Funding
$448 M (USD)
in 1 rounds
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Latest Funding Round
$448 M (USD), Private Equity Round
Nov 17, 2019
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Investors
TPG
& 1 more
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Employee Count
1660
as on Dec 31, 2024
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IPO & Listings of KakaoBank
KakaoBank is a publicly listed company on the KRX with ticker symbol 323410 in South Korea, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of KakaoBank
KakaoBank offers a comprehensive portfolio of products and services, including Mobile Banking App and Certificate Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for digital account management and transactions
Service for electronic signatures and authentication
Funding Insights of KakaoBank
KakaoBank has successfully raised a total of $448M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $448 million completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $448.0M
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First Round
First Round
(17 Nov 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Private Equity Round - KakaoBank | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in KakaoBank
KakaoBank has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TPG and Anchor Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward Korean markets and companies.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by KakaoBank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - KakaoBank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kakaobank Comparisons
Competitors of KakaoBank
KakaoBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toss, IBK Securities, dozn and Eugene Savings Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based platform for banking, investment, and insurance services is provided.
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| domain | founded_year | HQ Location |
Provides comprehensive investment solutions to support clients' financial goals.
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| domain | founded_year | HQ Location |
Overseas foreign currency remittance services are provided internationally.
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| domain | founded_year | HQ Location |
Digital banking services for individuals and businesses are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kakaobank
Frequently Asked Questions about KakaoBank
When was KakaoBank founded?
KakaoBank was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is KakaoBank located?
KakaoBank is headquartered in Jeju-si, South Korea. It is registered at Jeju-si, Jeju-do, South Korea.
Who is the current CEO of KakaoBank?
Yun Ho Young is the current CEO of KakaoBank.
Is KakaoBank a funded company?
KakaoBank is a funded company, having raised a total of $448M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $448M, raised on Nov 17, 2019.
How many employees does KakaoBank have?
As of Dec 31, 2024, the latest employee count at KakaoBank is 1,660.
What is the annual revenue of KakaoBank?
Annual revenue of KakaoBank is $2.14B as on Dec 31, 2025.
What does KakaoBank do?
KakaoBank was established in 2016 in Jeju-si, South Korea, within the fintech sector. An app-based platform for iOS and Android is utilized to enable online account openings for individuals and businesses. Loans are extended to both segments, and cross-border money transfers are supported through the application. Operations focus on digital financial services in the region. In 2022, annual revenues of 1.4 billion and net profit of 0.23 billion were achieved.
Who are the top competitors of KakaoBank?
KakaoBank's top competitors include Toss, Eugene Savings Bank and dozn.
What products or services does KakaoBank offer?
KakaoBank offers Mobile Banking App and Certificate Service.
Is KakaoBank publicly traded?
Yes, KakaoBank is publicly traded on KRX under the ticker symbol 323410.
Who are KakaoBank's investors?
KakaoBank has 2 investors. Key investors include TPG, and Anchor Equity Partners.
What is KakaoBank's ticker symbol?
The ticker symbol of KakaoBank is 323410 on KRX.