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BackKakao Bank launches stock home service linked to Kakao Pay Securities
Kakao Bank launches stock home service linked to Kakao Pay Securities
Developing
연합뉴스42 minutes agoBusiness1 min readSouth KoreaView original

Kakao Bank launches stock home service linked to Kakao Pay Securities

Kakao BankKakao Pay Securitiesstocks home

Quick Look

  • Kakao Bank announced on the 8th that it has launched the 'Stock Home' service, which allows users to use Kakao Pay Securities' stock investment service from the 'Investment tab' within the app.
  • Customers can purchase stocks, check investment status, make simple transfers by linking their bankbook and securities account, and also use the '26 Week ETF Collection' service, which allows them to invest in ETFs with a fixed amount every week.

AI-generated summary

Why It Matters

Kakao Bank is a mobile-based internet bank, and Kakao Pay Securities is a Kakao affiliated securities company. Financial service integration is underway through the partnership between the two companies.

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Kakao Bank announced on the 8th that it has launched 'Stock Home', which allows users to use the stock investment service (WTS) provided by Kakao Pay Securities in the 'Investment tab' of the application (app).

Kakao Bank customers can check stocks on the app, buy stocks with Kakao Pay Securities' WTS, and even check investment status.

By linking your Kakao Bank deposit and withdrawal account with your Kakao Pay Securities account, you can easily transfer investment funds.

Kakao Bank also introduces ‘26 Week ETF Collection’, which invests a certain amount of money in ETFs every week.

This is a service that combines Kakao Pay Securities' savings investment product with the 26-week maturity product '26 Week Savings', which increases the payment amount by the amount selected when signing up. It allows you to purchase ETFs for a set amount every week.

What to Watch

AI outlook — possibilities, not facts

  • The number of users of Kakao Bank's stock home service will exceed 1 million within three months of launch.

    Possible · Within months

Open Questions

  • How many users will there be at the initial launch of the service?
  • What is the fee structure?
  • What financial products will you be linking to additionally in the future?

Related Topics

Kakao Bank
PeopleLee Do-heun
OrganizationsKakao Pay SecuritiesYonhap News
PlacesSeoul
TopicsKakao Pay Securitiesstocks homeInvestment tabWTSCollect 26-week ETFs26 weeks savings
This article was originally published by 연합뉴스.

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