KakaoBank is a South Korean online bank that was established in 2016. It operates without physical branches, offering services such as savings accounts, loans, and payment solutions through a mobile app. This digital-first approach allows for convenient banking anytime and anywhere. As a subsidiary of Kakao Corp, the company leverages its parent’s technology and user base to provide seamless financial services. KakaoBank has gained popularity for its user-friendly interface and competitive interest rates, making it a preferred choice for many customers in South Korea.