KakaoBank App Now Lets Users Trade Stocks and ETFs
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- Kakao Pay Securities launched a dedicated trading page in the KakaoBank app on the 4th, enabling users to trade domestic and overseas stocks, ETFs and ETNs.
- The service includes stock information, charts, order books, watchlists and the Kakao Pay Securities community without requiring users to leave the banking app.
- The company also introduced an automated stock-buying feature and a 26-week ETF savings service linked to KakaoBankโs 26-week savings product.
Users can now buy and sell stocks directly through the KakaoBank app, without moving to a separate securities application. Kakao Pay Securities said it began the service through its partnership with KakaoBank, opening a dedicated page on the 4th and announcing the launch on the 8th.
The service covers domestic and overseas stocks, exchange-traded funds and exchange-traded notes. Users can complete the full process inside KakaoBank, from checking individual securities to placing buy and sell orders. Charts, order books, watchlists and the community feature from the Kakao Pay Securities app are also available.
The direction Kakao Pay Securities has envisioned is for investment to begin naturally where financial life takes place.
The new offering expands beyond basic trading. Users can set up a feature that automatically buys a chosen stock at regular intervals. Alongside the stock home page, Kakao Pay Securities introduced โ26-week ETF savings,โ which combines ETFs with KakaoBankโs popular 26-week savings product by investing a set amount each week.
The company also plans events, including โrandom stock draws,โ to create more points of contact with users. Shin Ho-cheol, chief executive of Kakao Pay Securities, said the company wanted investment to begin naturally where people already manage their finances. He said the firm would help more users understand investment information and build experiences suited to their goals and investment preferences as payments, transfers, deposits and investments become linked across Kakaoโs financial services.
Within a flow where payments and transfers, deposits and investments are connected, we will support more users in easily understanding investment information and creating investment experiences suited to their goals and preferences.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.