There is perhaps no other digital bank anywhere in the world like kakaobank. Many pure-play digital banks seem to have an in-built ceiling: at a specific point, organizational flaws appear, they cease adding new customers and start to appear more dysfunctional than disruptor.
Not so with kakaobank. Yes, its market value fell steadily following its 2021 initial public offering (for a brief period in August of that year it was the nation’s largest financial institution by market cap), although its share price has since stabilized around the W25,000 ($19.15)
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
