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Kakao Pay CEO to serve another term

Kakao Pay CEO Shin Won-keun is to serve another two-year-term as the chief of the mobile payment company, the company announced Tuesday.

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Kakao Pay aims for 10 bil. in annual transactions by 2026

Kakao Pay, the mobile payment subsidiary of tech conglomerate Kakao, has proclaimed the firm s goal to achieve 10 billion transactions per year within the next three years, and step up as the country s most frequently used financial application platform that caters to customers financial needs. During a press conference held at Conrad Seoul Hotel, Monday, Kakao Pay CEO Shin Won-keun highlighted that the mobile payment firm is aiming to create a close-knit financial ecosystem centering on Kakao Pay s platform.

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