Tag: naver financial

naver financial

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Naver coy on plans to take over Upbit

Dunamu, the operator of crypto trading platform Upbit, is reportedly merging with Naver Financial to become a wholly-owned subsidiary of the Korean tech company. Naver neither confirmed nor denied the news.

2025.9.25

Coupang headquarters in Songpa District, southern Seoul [NEWS1]

Coupang enters finance, where Naver is already active

Coupang and Naver, the two largest e-commerce marketplaces in Korea by sales, are now competing in loan services.

2022.7.23

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Buy now, pay later gains ground in Korea as marketing tool

Korean tech companies are providing and expanding buy now, pay later (BNPL) services to develop markets and build customer loyalty.

2022.7.21

Tech companies dip toes into buy now, pay later market

Fintech and e-commerce companies are providing limited buy-now-pay-later services, edging in slowly on the domain of credit-card companies.

2022.4.21

Woori Bank CEO Kwon Kwang-seok, right, and Naver Financial CEO Choi In-hyuk pose for a photo after inking a partnership to offer specialized loans for small online sellers on Wednesday at Woori Bank's main branch in Jung District, central Seoul. [NAVER FINANCIAL]

Naver and Woori to offer loans to small online businesses

Naver Financial joined forces with Woori Bank to offer a loan service to small businesses that sell products online.

2021.2.24

Going-out-of-business signs are displayed in the window of a store at the Euljiro underground shopping center in central Seoul. According to research by the Korea Federation of Micro Enterprise, more than eight out of 10 merchants suffered decline in sales due to the coronavirus pandemic. [YONHAP]

Data harvesting plus weak credit equals high rate loans

Major tech firms have started to competitively loan money to small business owners who used to be in a conventional finance blind spot.

2021.1.22

Naver launches loan service for small online stores

Naver Financial launched a loan service Tuesday designed exclusively for small businesses that sell products online.

2020.12.1

Naver Financial launches advice service for entrepreneurs

Naver Financial on Monday launched a new service that offers entrepreneurs financial tools and advice and connects them with loan services and government funds.

2020.11.30

Naver Pay's offline payment process. [NAVER FINANCIAL]

Naver Pay can now be used at offline locations

Naver Pay can now be used in offline locations, potentially shaking up the mobile payment market

2020.11.2

Choi In-hyuk, the CEO of Naver Financial, speaks at a press conference in Gangnam District, southern Seoul Tuesday. [NAVER]

Naver Financial wants to lend to the little guys

Naver Financial hopes to use data and artificial intelligence (AI) to help small-and-medium-sized enterprises (SME) and people who can't borrow from traditional financial institutions because they don't have a credit history.

2020.7.28