Naver Financial was spun out from Naver’s internal company (Naver Pay) and leverages Naver’s large platform and customer base. The company benefits from Naver’s roughly 42 million registered users and commerce data, which the firm cites as a competitive advantage versus other payments providers. It operates payment and related fintech services and plans to expand into broader financial products. Starting next year Naver Financial intends to launch a “Naver Account” offering stocks, insurance, deposits, and savings to become a comprehensive financial platform. Management says it will use the investment to stabilise its financial structure and strengthen business competitiveness. The company positions itself as a tech‑driven ‘techfin’ player combining Naver’s data and commerce capabilities with financial products.

Total raised

$677M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2019