# K Bank > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/K_Bank > Markdown URL: https://mediated.wiki/source/K_Bank.md > Source: https://en.wikipedia.org/wiki/K_Bank > Source revision: 1356293118 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) South Korean online bank For other uses, see [KBANK](/source/KBANK_(disambiguation)). This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. See our advice if the article is about you and read our scam warning in case someone asks for money to edit this article. (September 2019) (Learn how and when to remove this message) This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "K Bank" – news · newspapers · books · scholar · JSTOR (August 2019) (Learn how and when to remove this message) (Learn how and when to remove this message) Kbank Native name 케이뱅크 Type Private company Traded as KRX: 279570 Industry Financial services Headquarters Seoul , South Korea Services Online banking Mobile banking Loan and deposit Debit card Overseas remittance Owner BC Card Woori Bank MBK Partners Bain Capital Number of employees 7,201 (2017) **Kbank** ([Korean](/source/Korean_language): 케이뱅크) is an [online bank](/source/Online_bank) based in [South Korea](/source/South_Korea). Its largest owner is the telecommunications company, [KT Corporation](/source/KT_Corporation).[1] ## History Kbank launched in 2017, when both KT and [Kakao](/source/Kakao) were given licenses to launch Internet-only banks in Korea.[2] These two became the first new banks to launch in two decades.[3] The bank attracted 250,000 customers in its first two weeks.[4] In May 2021, [MBK Partners](/source/MBK_Partners) and [Bain Capital](/source/Bain_Capital) invested 200 billion won each in Kbank to become the second largest shareholders of the bank.[5] In September 2022, Kbank received approval for its [initial public offering](/source/Initial_public_offering) on the [Korea Exchange](/source/Korea_Exchange) although timing had not been determined yet.[6] ## Services Kbank offers the same products as traditional banks from debit cards to small loans.[2] ## See also - [Banks portal](https://en.wikipedia.org/wiki/Portal:Banks) - [List of banks in South Korea](/source/List_of_banks_in_South_Korea) ## References 1. **[^](#cite_ref-1)** ["Kakao, KT Surge After South Korea Grants Online Banking Permits"](https://www.bloomberg.com/news/articles/2015-11-29/south-korea-grants-kakao-kt-led-groups-permits-for-online-banks). *[Bloomberg News](/source/Bloomberg_News)*. 29 November 2015. 1. ^ [***a***](#cite_ref-auto_2-0) [***b***](#cite_ref-auto_2-1) ["Internet-only banks should spur financial innovations: The Korea Herald"](https://www.straitstimes.com/asia/east-asia/internet-only-banks-should-spur-financial-innovations-the-korea-herald). *The Straits Times*. December 2015. 1. **[^](#cite_ref-3)** ["Asia: First internet-only banks in South Korea | RFI Global"](https://web.archive.org/web/20191026051050/https://www.rfigroup.com/global-retail-banker/news/asia-first-internet-only-banks-south-korea). *www.rfigroup.com*. Archived from [the original](https://www.rfigroup.com/global-retail-banker/news/asia-first-internet-only-banks-south-korea) on 26 October 2019. 1. **[^](#cite_ref-4)** ["Kakao Bank Easily Tops K-Bank's Record-Breaking Run"](https://web.archive.org/web/20170803015441/http://english.chosun.com/site/data/html_dir/2017/07/31/2017073101570.html). Archived from [the original](http://english.chosun.com/site/data/html_dir/2017/07/31/2017073101570.html) on 2017-08-03. Retrieved 2026-05-26. 1. **[^](#cite_ref-5)** Ga-young, Park (2021-05-26). ["K bank's capital jump to W2.1tr with inflow of new shareholders"](https://www.koreaherald.com/view.php?ud=20210526000815). *[The Korea Herald](/source/The_Korea_Herald)*. Retrieved 2022-10-22. 1. **[^](#cite_ref-6)** ["Internet lender Kbank gets green light for IPO"](https://www.kedglobal.com/ipos/newsView/ked202209200019). *[The Korea Economic Daily](/source/The_Korea_Economic_Daily)*. Retrieved 2022-10-22. ## External links - [Official website](https://www.kbanknow.com/ib20/mnu/PBKMAN000000) (Korean) v t e KT Corporation Affiliates Current BC Card Genie Music K Bank KT SkyLife SkyTV TVING Former/defunct KTF KT Tech Korea Mobile Telecommunications Sidus Services NESPOT Genie TV Sports KT Rolster KT Shooting Team KT Wiz Suwon KT Sonicboom v t e Banking in South Korea Central bank Bank of Korea Specialized bank Export–Import Bank of Korea Industrial Bank of Korea Korea Development Bank Nonghyup Bank Suhyup Bank Commercial bank Nationwide Citibank Korea Hana Bank Kookmin Bank Shinhan Bank Standard Chartered Korea Woori Bank Local Busan Bank Daegu Bank Jeju Bank Jeonbuk Bank Kwangju Bank Kyongnam Bank Internet-only K Bank KakaoBank Toss Bank Category Commons List --- Adapted from the Wikipedia article [K Bank](https://en.wikipedia.org/wiki/K_Bank) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/K_Bank?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.