About Naver Financial
Naver Financial is a company based in Seongnam-si (South Korea) founded in 2019.. Naver Financial has raised $675.88 million across 1 funding round from investors including Mirae Asset. Naver Financial offers products and services including Naver Pay, Loans Service, and Insurance Service.
- Headquarter Seongnam-si, South Korea
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Naver Financial Corp.
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Annual Revenue
$74.46 M (USD)0as on Dec 31, 2019
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Net Profit
$-3.94 M (USD)0as on Dec 31, 2019
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EBITDA
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Total Equity Funding
$675.88 M (USD)
in 1 rounds
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Latest Funding Round
$675.88 M (USD), Series D
Dec 13, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Naver Financial
Naver Financial offers a comprehensive portfolio of products and services, including Naver Pay, Loans Service, and Insurance 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.
Digital service for online payments and financial transactions.
Platform for accessing loans and credit options online.
Tools for managing insurance policies digitally.
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Funding Insights of Naver Financial
Naver Financial has successfully raised a total of $675.88M through 1 strategic funding round. The most recent funding activity was a Series D round of $675.88 million completed in December 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 Series D — $675.9M
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First Round
First Round
(13 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series D - Naver Financial | Valuation | Mirae Asset |
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| 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 Naver Financial
Naver Financial has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mirae Asset. 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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Mirae Asset Financial Group is engaged in global investment and financial services.
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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 Naver Financial
| 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 - Naver Financial
| 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 |
Naver Financial Comparisons
Competitors of Naver Financial
| 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 Naver Financial
Frequently Asked Questions about Naver Financial
When was Naver Financial founded?
Naver Financial was founded in 2019.
Where is Naver Financial located?
Naver Financial is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Is Naver Financial a funded company?
Naver Financial is a funded company, having raised a total of $675.88M across 1 funding round to date. The company's 1st funding round was a Series D of $675.88M, raised on Dec 13, 2019.
What is the annual revenue of Naver Financial?
Annual revenue of Naver Financial is $74.46M as on Dec 31, 2019.
What does Naver Financial do?
Naver Financial was founded in 2019 and is based in Seongnam-si, South Korea. Operations center on the fintech sector, where QR-based payment solutions are delivered to businesses. Card subscription details and bank securities are retrieved from financial institutions through these systems. QR code integrations are also supplied for restaurant payments via the Naver Pay app, compatible with Android devices. Services support streamlined financial interactions in the region.
What products or services does Naver Financial offer?
Naver Financial offers Naver Pay, Loans Service, and Insurance Service.
Who are Naver Financial's investors?
Naver Financial has 1 investor. Key investors include Mirae Asset.
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