Revenue of leading financial technology companies South Korea 2018-2019

In 2019, financial technology (fintech) company KakaoPay recorded over 140 billion South Korean won in revenue. According to the source, 2019 was the first time in which fintech companies in South Korea posted more than 100 billion South Korean won in revenue. This revenue threshold was regarded as the tipping point for economy of scale in the South Korean startup scene. The rise of KakaoPay The compulsory requirement of a public certificate key for online transactions was removed in 2015. Since then, various companies jumped into the fintech sector by offering easier methods to authenticate online payments. Among such companies, KakaoPay emerged as a major player in the market, with millions of users. The ease of using the payment platform was one of the main reasons for using KakaoPay. The continuous online shopping spree With online payments made much less cumbersome, consumers in South Korea have utilized this simpler channel of commerce. The volume of online shopping drastically increased in overall scale in recent years. This trend did not show any signs of slowing down; rather there seemed to be room for even more growth in the future. Usage rates of online shopping showed that the younger generation of South Koreans had the highest ratio of online shoppers. It is unlikely that they would suddenly turn away from online transactions as they approach the older spectrum of the population pyramid. Additionally, future generations will be born into a society in which online payments are very much a social norm.

在2019年，金融科技（fintech）公司KakaoPay实现了超过1400亿韩元的营业收入。据资料表明，2019年是韩国金融科技公司首次实现超过1000亿韩元营业收入的一年。这一营收门槛被视为韩国初创企业场景中规模经济的转折点。KakaoPay的崛起得益于2015年取消了对在线交易进行公开证书密钥的强制要求。自此，众多公司纷纷涌入金融科技领域，提供更便捷的在线支付认证方式。在众多公司中，KakaoPay脱颖而出，成为市场中的主要参与者，拥有数百万用户。支付平台的易用性是用户选择KakaoPay的主要原因之一。随着在线支付流程的极大简化，韩国消费者利用这一更为简便的商务渠道。近年来，整体在线购物规模急剧增加，这一趋势并未显示出放缓的迹象；相反，似乎还有更大的增长空间。在线购物使用率的数据表明，韩国年轻一代的在线购物者比例最高。随着他们逐渐步入人口金字塔的老年层，他们不太可能突然放弃在线交易。此外，未来的世代将出生在一个在线支付已成为社会常态的社会中。