Kakao Pay Securities provided /Courtesy of Kakao Pay Securities

Kakao Pay Securities announced on the 19th that it surpassed a total of 50,000 accounts within three weeks of launching its retirement savings product, achieving custodial assets of 15 billion won.

Kakao Pay Securities noted that this achievement was due to the effective service strategy that combines the simplicity and automation features of the retirement savings introduced on the 21st of last month.

Participants in the retirement savings product are evenly distributed not only among the elderly but also among those in their 30s and 40s who are actively preparing for retirement. A representative of Kakao Pay Securities said, “The increased awareness of the importance of tax-saving effects and long-term asset management has also played a role.”

Kakao Pay Securities plans to enhance its tax credit management features and aims to introduce a Personal Comprehensive Asset Management Account (ISA) next year, offering extensive asset formation services.

Shin Ho-cheol, the representative of Kakao Pay Securities, said, “I hope that this retirement savings will allow users to experience other Kakao Pay Securities services and enjoy various investment opportunities.”