PYMNTS-MonitorEdge-May-2024

Kakao Pay

Shares of S.Korea’s Kakao Pay Soar Over 150% on First Day of Trading
Shares of S.Korea’s Kakao Pay Soar Over 150% on First Day of Trading
November 03, 2021  |  IPO

South Korean mobile payments app Kakao Pay soared out of the starting gate, more than doubling in its first day of trading on the Seoul...

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Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
October 22, 2021  |  IPO

South Korea’s biggest digital payments platform Kakao Pay raised $1.28 billion in an initial public offering (IPO) priced at the top of its range, according...

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South Korea’s Kakao Pay Delays $1.3B IPO Over Regulatory Concerns
South Korea’s Kakao Pay Delays $1.3B IPO Over Regulatory Concerns
September 24, 2021  |  IPO

Growing concerns over regulatory issues prompted South Korea’s Kakao Pay to delay its planned $1.3 billion initial public offering (IPO), according to multiple reports on...

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Kakao Pay Updates IPO Prospectus With Reduced Valuation 
Kakao Pay Updates IPO Prospectus With Reduced Valuation 
August 31, 2021  |  IPO

South Korean payments startup Kakao Pay filed an updated prospectus and will move forward with an initial public offering (IPO), making its debut on the...

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South Korea’s Kakao Pay Pushes Toward A Public Offering
South Korea’s Kakao Pay Pushes Toward A Public Offering
July 02, 2021  |  IPO

South Korea’s largest online payment firm, Kakao Pay, is moving toward a $1.4 billion initial public offering (IPO) later this summer. Per the IPO filing, the...

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South Korean FinTech KakaoPay Seeks $1.4B IPO
South Korean FinTech KakaoPay Seeks $1.4B IPO
July 02, 2021  |  IPO

South Korean payments startup Kakao Pay, a division of Kakao Corp, is seeking $1.4 billion (about 1.63 trillion won) in an initial public offering (IPO) that...

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Today In Payments: SWIFT Launches Low-Value X-Border Payments; UK Cracks Down On Late Payments To Suppliers
Today In Payments: SWIFT Launches Low-Value X-Border Payments; UK Cracks Down On Late Payments To...
October 01, 2020  |  News

In today’s top news, SWIFT launched a service for low-value cross-border payments, and the U.K. is considering fining companies that don’t pay suppliers on time....

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Today In Payments Around The World: UK Mulls Rules To Curb Late Vendor Payments; Kakao Pay Gears Up For Public Offering
Today In Payments Around The World: UK Mulls Rules To Curb Late Vendor Payments; Kakao...
October 01, 2020  |  News

In today’s top payments news around the world, the United Kingdom may clamp down on late payments to suppliers, while South Korean FinTech Kakao Pay is...

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S.Korean FinTech Kakao Pay Preps For IPO
S.Korean FinTech Kakao Pay Preps For IPO
September 30, 2020  |  IPO

Kakao Pay is set to be the first South Korean FinTech working with mobile payments to undertake an initial public offering (IPO), according to a...

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