Summary
- Naver Pay disclosed that it acquired a 70% stake in Securities Plus Unlisted, which had been operated by Dunamu, for KRW 68.6 billion.
- Naver Pay and Securities Plus Unlisted said they plan to undergo licensing procedures for over-the-counter brokerage business, which financial authorities are scheduled to introduce.
- Naver Pay said, "information transparency of unlisted companies will be enhanced and a virtuous cycle for raising investment funds will be established."
Bought 70% stake for KRW 68.6 billion
Naver Pay disclosed on the 11th that it acquired a 70% stake in Securities Plus Unlisted, an unlisted share trading platform that was operated by Dunamu, for KRW 68.6 billion.
Naver Pay and Securities Plus Unlisted plan to undergo the licensing procedures for the 'over-the-counter brokerage business' that financial authorities are scheduled to introduce. Securities Plus Unlisted is a subsidiary of Dunamu and has been designated as an innovative financial service by the Financial Services Commission since 2020, operating the service. Naver Pay said, "We will enhance the transparency of information on unlisted companies and establish a virtuous cycle that facilitates the raising of investment funds."
Jeong Ui-jin, reporter justjin@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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