KakaoBank and Superbank announced a strategic partnership that marks a significant milestone for both companies. In this strategic partnership, KakaoBank will acquire a 10% stake in Superbank through the issuance of new shares. With the partnership, KakaoBank will actively collaborate in the development of Superbank's products and services.

Drawing on its domestically proven competitiveness in digital finance and platform expertise, as well as ranking #1 in monthly active users among major banking apps in South Korea, KakaoBank brings a wealth of experience to this collaboration that aims to deepen its understanding of the Southeast Asian market and its customers. Through this collaboration, KakaoBank is committed to enhancing its global competitiveness, gaining valuable experience, and actively contributing to the advancement of digital finance within the Southeast Asian market.