About KSNET Korea
KSNET Korea is a company based in Seoul (South Korea) founded in 2000 was acquired by Stonebridge Capital in January 2020.. KSNET Korea offers products and services including KSPAY, KSVAN, and Banking Plus. KSNET Korea operates in a competitive market with competitors including Flutterwave, ACI Worldwide, UnionPay Intl, Equiniti and Chaiport, among others.
- Headquarter Seoul, South Korea
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Ksnet Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Net1
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of KSNET Korea
KSNET Korea offers a comprehensive portfolio of products and services, including KSPAY, KSVAN, and Banking Plus. 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.
Platform for simple electronic payments and transaction processing.
Tool to enhance customer business operations and services.
Solution for electronic fund management and transfers.
Funding Insights of KSNET Korea
| 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 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. 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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Early-stage tech and life sciences focused VC & PE firm
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Founded Year | Domain | Location | |
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Payment processing solutions are offered for businesses in developing economies.
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Founded Year | Domain | Location | |
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Online billing and payment software is offered for diverse industries.
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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 KSNET Korea
| 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 - KSNET Korea
| 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 |
Ksnet Korea Comparisons
Competitors of KSNET Korea
KSNET Korea 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 Flutterwave, ACI Worldwide, UnionPay Intl, Equiniti and Chaiport, 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 |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| domain | founded_year | HQ Location |
Mobile and online payment solutions are provided for banks.
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| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
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| domain | founded_year | HQ Location |
Unified payment solutions are offered for global business integration.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about KSNET Korea
When was KSNET Korea founded?
KSNET Korea was founded in 2000.
Where is KSNET Korea located?
KSNET Korea is headquartered in Seoul, South Korea.
Who is the current CEO of KSNET Korea?
Pilhyun Oh is the current CEO of KSNET Korea.
What does KSNET Korea do?
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.
Who are the top competitors of KSNET Korea?
KSNET Korea's top competitors include Flutterwave, ACI Worldwide and Equiniti.
What products or services does KSNET Korea offer?
KSNET Korea offers KSPAY, KSVAN, and Banking Plus.
Who are KSNET Korea's investors?
KSNET Korea has 3 investors. Key investors include Net1, Payletter, and Stonebridge Capital.