South Korea's Digital Kakao Bank Prepares For IPO
PYMNTS
DECEMBER 17, 2020
a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. Kakao Bank is one of only two digital banks in the country and became profitable in 2019, according to Reuters, after less than two years of operation. billion).
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