Kakao Pay Securities obtains approval for investment dealing… opening the way to IPO underwriting
Kakao Pay Securities 2026year 7month 13day received approval from the financial authorities for investment dealing. With this approval, the company can now underwrite IPOs and directly buy and sell using its own capital, securing a legal basis to expand its securities business.
Kakao Pay Securities 2026year 7month 13day received approval from the financial authorities for investment dealing. The approval means the company can go beyond brokerage and directly underwrite and trade shares with its own capital.
Approval for investment dealing from the financial authorities provides the basis to carry out IPO underwriting. According to the report, Kakao Pay Securities applied for and received the approval with the goal of expanding its securities business, including IPO underwriting.
Reports said the approval expands the company’s business scope, which had been limited to brokerage, and makes it possible to handle direct underwriting-related tasks such as lead managing share issuance, underwriting, and allotment. The company is said to have stated a policy of expanding core securities business functions.
This approval was granted on the premise that the organization, staffing, and internal control framework had been completed. Reports said the company plans to continue bolstering related personnel and organizing internal procedures going forward.
The specific timing of the start of operations and the first underwriting deal can be confirmed in future disclosures. Investors should check related filings and company announcements for updates on progress.