Kakao Pay reports a **32.5 billion won** operating profit in Q3, marking over **100% growth** in payments and financial services. The surge reflects expanded usage of its digital payment and financial tools. The company’s core business segments—payments and financial services—drive profitability gains.
Naver Pay, Kakao Pay, and Toss notify **1.76 million users** of **25.5 billion won** in unclaimed prepaid balances. The companies streamline refund processes to help users recover inactive funds. The initiative targets dormant funds held across the three major mobile payment platforms.
Kakao Pay reports record revenue and profit growth in Q2 2026, driven by double-digit gains in payments, securities, and insurance. Digital finance initiatives and AI advancements fuel expansion, alongside strong user engagement across its platform.
South Korean police conducted a raid on KakaoPay, investigating allegations that the company transferred personal data of **40 million users** to **Alipay**, a Chinese payment service. The probe follows concerns over potential violations of credit information and electronic transaction laws. Authorities are examining whether KakaoPay’s data-sharing practices complied with regulatory requirements.