source google.com
Kakao, which drove a $3.3 billion merger with IT goliath Daum to shape Daum Kakao in 2014, is South Korea's biggest informing and fintech stage. Kakaotalk, Kakao's lead informing application, has a market entrance rate of more than 90 percent, with sources including Forbes announcing that almost 100 percent of family units in the nation utilize Kakaotalk as their principle specialized strategy.
Amid the primary seven day stretch of August, Daum Kakao propelled its first fintech stage called Kakao Pay with the vision of supplanting existing managing an account administrations with an absolutely virtual money related stage. Inside not as much as a month since its dispatch, Kakao Pay has secured a dynamic userbase of more than three million clients.
As of now, Kakao Stock, Daum Kakao's stock exchanging and portfolio administration application, has coordinated bitcoin. In the up and coming months, the organization will think about how possible it is of coordinating bitcoin into Kakao Pay, which will additionally expand bitcoin's standard reception in South Korea. In light of Kakaotalk and Kakao Pay's impact over the South Korean online networking and fintech enterprises, the organization's coordination of the cryptographic money will uncover existing clients that are generally new to the market to bitcoin.