Kakao Pay Securities said on the 8th that, in partnership with KakaoBank, it opened a "Stocks Home" in the investment tab of the KakaoBank app on the 4th and began stock trading services.
With this service expansion, users can now make the same trades for domestic and overseas stocks, exchange-traded funds (ETF), and exchange-traded notes (ETN) that have been offered in the Kakao Pay app's "securities" tab in the KakaoBank app as well. Every step, from checking ticker information to placing buy and sell orders, proceeds within the KakaoBank app without switching apps.
Kakao Pay Securities focused on bringing the investment environment and experience introduced in the Kakao Pay app to the KakaoBank app. Even if the channel changes, users can continue their investing within familiar screens and features.
It also includes the main features. In the KakaoBank app, users can review tickers with charts, quotes, and watchlists, and share views with other investors in the community. It also offers a "stock saver" feature that automatically buys selected stocks on a set cycle. Another feature is a stage-by-stage, tailored home that proposes different screens to users who are starting investing and those already investing.
Users can start using the stock service immediately by linking their Kakao Pay Securities account in their own name to a KakaoBank account. Users without accounts can sequentially open a bank account and a securities account in the KakaoBank app. Both funding cash for stock purchases and withdrawing proceeds from sales can be handled easily through a KakaoBank account.
Going forward, Kakao Pay Securities plans to gradually advance the service while expanding synergies through linkage across Kakao financial services. It also plans various events to broaden touchpoints with users, such as "26-week ETF saver" and "random stock draw."
Shin Ho-cheol, CEO of Kakao Pay Securities, said, "Amid the flow where payments and remittances, deposits, and investing connect as one, we will help many users easily understand investment information and build investing experiences that fit their goals and risk preferences."