About KSNET Korea
KSNET Korea is a Financial Services company based in Seoul (South Korea) founded in 2000, and was acquired by Stonebridge Capital in January 2020. Offline and online payment solutions are provided by KSNET. Its chief executive, as recorded, is Pilhyun Oh. Its website ksnet.co.kr draws about 321 thousand monthly visits. KSNET Korea offers products and services including KSPAY, KSVAN, and Banking Plus. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is KSNET Co., Ltd. Its competitors include Chaiport and KG Inicis; 1 of its 2 listed competitors has raised funding.
Company details
KSNET was established in 2000 in Seoul, South Korea, as a provider of payment services. Solutions for offline and online transactions are delivered through payment gateways, point-of-sale terminals, and interbank networks. Operations focus on facilitating secure payment acceptance for businesses. In 2010, a 98.73 stake was acquired by Net 1 UEPS Technologies for 233 million, integrating it into broader financial technology activities.
- Headquarters Seoul, South Korea
- Stage Acquired
- SectorsFinancial Services
- Website ksnet.co.kr
- Acquired by Stonebridge Capital (Jan 2020)
- Legal Name Ksnet Co., Ltd.
- InvestorsNet1
& 2 more
- Acquired by
Products & Services of KSNET Korea
KSNET Korea offers a comprehensive portfolio of products and services, including KSPAY, KSVAN, and Banking Plus.
Platform for simple electronic payments and transaction processing.
Tool to enhance customer business operations and services.
Solution for electronic fund management and transfers.
Investors in KSNET Korea
KSNET Korea has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Net1, Payletter and Stonebridge Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech and life sciences focused VC & PE firm | stonebridge.co.kr | Seoul, South Korea | ||
Payment processing solutions are offered for businesses in developing economies. | 1989 | net1.com | Johannesburg, South Africa | |
Online billing and payment software is offered for diverse industries. | 2001 | payletter.com | Seoul, South Korea |
Investor details for KSNET Korea
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People of KSNET Korea
1 people are tracked at KSNET Korea (1 in leadership).
| Name | Role | Group |
|---|---|---|
Pilhyun Oh | CEO | Leadership |
Complete people profiles for KSNET Korea
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Timeline of KSNET Korea
3 dated milestones of KSNET Korea across 20 years, from founding to its latest funding, stage changes and deals.
- Founded KSNET Korea is founded.
- Exit Acquired by NET1.
- Exit Acquired by Stonebridge Capital.
Competitors of KSNET Korea
KSNET Korea has 2 listed competitors in our database, 1 of them funded. They include Chaiport and KG Inicis.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chaiport.co | 2019 | Seoul, South Korea | $45M | Unified payment solutions are offered for global business integration. | ||
| inicis.com | 1998 | Seoul, South Korea | Electronic payment solutions are provided by KG Inicis. |
Detailed competitors of KSNET Korea
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Web traffic of KSNET Korea
The website of KSNET Korea (ksnet.co.kr) receives about 321.5K visits a month.
- Monthly visits321.5K
▲ 4% vs previous month
Websites whose visitors overlap most with KSNET Korea. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| esmplus.com | 100% | #9,794 | View details | ||
| gmarket.co.kr | 98% | 56.5M | #602 | View details | |
| 11st.co.kr | 94% | #1,401 | View details | ||
| oliveyoung.co.kr | 94% | #2,680 | View details | ||
| lotteon.com | 94% | #1,362 | View details | ||
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All 40 similar websites and full traffic analytics for KSNET Korea
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Related news about Ksnet Korea
Complete news archive for KSNET Korea
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Frequently Asked Questions about KSNET Korea
KSNET Korea was founded in 2000.
KSNET Korea is headquartered in Seoul, South Korea.
Pilhyun Oh is the CEO of KSNET Korea, as recorded in our data.
KSNET was established in 2000 in Seoul, South Korea, as a provider of payment services. Solutions for offline and online transactions are delivered through payment gateways, point-of-sale terminals, and interbank networks. Operations focus on facilitating secure payment acceptance for businesses. In 2010, a 98.73 stake was acquired by Net 1 UEPS Technologies for 233 million, integrating it into broader financial technology activities.
KSNET Korea offers KSPAY, KSVAN, and Banking Plus.
KSNET Korea has 3 investors. Key investors include Net1, Payletter, and Stonebridge Capital.
KSNET Korea operates through Ksnet Co., Ltd..
Yes. KSNET Korea was acquired by Stonebridge Capital in January 2020.
The website of KSNET Korea receives about 321 thousand visits a month.