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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.

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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