Kakao Pay Securities said on the 2nd that as of the 29th of the previous month, its entrusted assets exceeded 20 trillion won. It came 29 trading days after surpassing 15 trillion won on Apr. 17.
According to Kakao Pay Securities, it took seven months for the company's entrusted assets to grow from 5 trillion won to 10 trillion won, three months from 10 trillion won to 15 trillion won, and 1.5 months from 15 trillion won to 20 trillion won.
The domestic stock asset growth rate of Kakao Pay Securities users was about 3.1 times the KOSPI increase over the same period on a year-over-year basis.
In particular, in Mar., domestic stocks overtook overseas stocks for the first time based on the number of users with balances of at least 1 million won, and the gap is gradually widening.
A Kakao Pay Securities representative said, "Surpassing 20 trillion won in entrusted assets is the result of balanced growth across domestic and overseas stocks, retirement pensions, ISAs, funds, and deposits."