Support for Financially Marginalized Groups and Small Business Owners... KakaoPay Raises 1 Billion Won for Mutual Growth Fund

Support Within the Year... Also Contributing to the Local Community

[Asia Economy Reporter Minwoo Lee] Kakao Pay will provide 1 billion KRW within the year to support financially marginalized groups and small business owners.

On the 27th, Kakao Pay held an ESG Promotion Committee meeting and announced that it decided to operate a win-win program that includes raising a 1 billion KRW mutual growth fund within the year.

Accordingly, it plans to carry out activities such as ▲supporting financially marginalized groups and small business owners based on its platform, ▲providing financial services through cooperation with subsidiaries, and ▲strengthening communication with local community groups.

A Kakao Pay official stated, "We plan to carry out win-win activities in our own way, such as financial education and service support," and added, "We will strive to achieve sustainable growth together with the local community."