south korea capital markets

Oct

Is Toss Bank ready for an IPO?

Viva Republica’s Toss Bank has been visibly contemplating an initial public offering (IPO) since earlier this year. It is aiming to achieve a valuation of 15 to 20 trillion won (US$11 billion-US$15 billion). Toss is feeling increasingly good about going public because of what it sees as strong fundamentals. It…

Nov

Asia Capital Markets Research

Worth the wait: Kakao Pay’s IPO

The success of Kakao Pay’s IPO comes as a relief in many respects. The Ant Group-backed South Korean firm’s shares more than doubled in their November 3 debut, giving it a higher market value than many incumbents – just as was the case with Kakao Bank’s IPO – and assuaging…

Aug

Asia Capital Markets Research

Kakao Bank’s IPO is a blockbuster

Kakao Bank has been South Korea’s top digital lender, both in terms of users and profitability, for several years. Following a blockbuster US$2.2 billion IPO in which its shares surged more than 79%, it is now also the most valuable publicly-listed South Korean financial firm, with a market capitalization of…

Contact Info

south korea capital markets