KaKao

- Combining mobile innovation with global financial infrastructure

- Exploring broad cooperation in overseas stock brokerage, AI investment insights, and digital asset infrastructure

 

[August 25, 2025] Kakao Pay Securities has taken a major step toward expansion into overseas financial markets.

 

Kakao Pay Securities (CEO Shin Ho-cheol) announced on August 25 that it met with executives from U.S. investment finance company Siebert Financial at the Pangyo and Yeouido offices on August 20 to 21 to discuss a partnership.

Siebert was founded in New York in 1967 and is listed on NASDAQ. Through its subsidiaries, Siebert provides financial services to individual and institutional investors, including securities trading, investment advisory, asset management, and corporate stock compensation plan operations.

 

David Gebbia, a principal of Siebert and a member of the Gebbia family with the largest ownership stake, attended the two day meeting. Kakao Pay CEO Shin Won-Keun and Kakao Pay Securities CEO Shin Ho-cheol also attended.

The discussions focused on establishing a strategic partnership covering platform, technology, and digital finance. The two companies explored collaboration models for global markets by combining Kakao Pay’s mobile and fintech capabilities with Siebert’s financial infrastructure and product management expertise.

 

Main topics included expanding overseas stock brokerage services such as order, clearing, and options trading. The agenda also covered optimizing AI based investment information and trading experiences and jointly developing next generation financial infrastructure for digital assets.

 

Kakao Pay Securities plans to leverage Siebert’s global network and financial infrastructure as a forward base for overseas expansion, broadening the scope of their cooperation.

In particular, the company intends to strengthen its overseas stock brokerage services through close collaboration with Siebert to meet rising demand for global stock investment among Korean investors and to provide a stable trading environment.

 

Kakao Pay Securities CEO Shin Ho-cheol stated, “This meeting laid an important foundation for collaboration that brings together Korea’s mobile innovation and America’s financial infrastructure expertise. We will continue to work closely with Siebert to deliver more innovative and reliable financial experiences to our customers.”