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Kakao Bank to fully acquire Mastern Capital

Jun 25, 2026

Acquiring Company

Kakao Bank

Acquired Company

Mastern Capital

South GyeongsangSouth KoreaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

Kakao Bank plans to fully acquire Mastern Capital for 24.1 billion won. This move marks Kakao Bank's first venture into nonbank lending. The acquisition aims to broaden its financial services and enhance corporate value. Completion of the takeover is targeted by the end of the year.

Quick answer

Kakao Bank is acquiring Mastern Capital, announced June 25, 2026. Kakao Bank is based in South Gyeongsang, South Korea.

How much did Kakao Bank pay for Mastern Capital?
The deal value was not disclosed.
What does Kakao Bank do?
Kakao Bank is an internet-only bank based in South Korea.
Where are Kakao Bank and Mastern Capital based?
Kakao Bank is based in South Gyeongsang, South Korea. Mastern Capital is based in South Korea.

Source: Fundz verified event record.

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Company Information

Company

Kakao Bank

Location

South Gyeongsang, South Korea

About

Kakao Bank is an internet-only bank based in South Korea. It offers various financial services through its mobile app.

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Frequently asked

Who acquired Mastern Capital?

Mastern Capital was acquired by Kakao Bank, based in South Gyeongsang. The deal was reported on June 25, 2026. Kakao Bank is an internet-only bank based in South Korea. It offers various financial services through its mobile app. Kakao Bank is privately held and operates in Financial Services.

When did Kakao Bank acquire Mastern Capital?

Kakao Bank's acquisition of Mastern Capital was reported on June 25, 2026. Kakao Bank plans to fully acquire Mastern Capital for 24.1 billion won. This move marks Kakao Bank's first venture into nonbank lending. The acquisition aims to broaden its financial services and enhance corporate value. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mastern Capital do?

Mastern Capital is a specialized credit finance company that offers leasing, corporate finance, and various financial services. Founded in 2022 through a joint investment, it aims to provide innovative financial solutions tailored to corporate clients. It is privately held, operating in Financial Services, and is based in South Korea.

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