Kakao Pay to become South Korea’s first mobile fintech to apply for IPO

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Kakao Pay filed for preliminary approval for its IPO to advance upcoming fintech trends, becoming South Korea’s first mobile fintech company to go public. Kakao Pay Corp. announced that it had filed a preliminary approval for its initial public offering (IPO) to the Korea Composite Stock Price Index (KOSPI). Established in 2014, Kakao Pay is a subsidiary of South Korea’s…
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