Online Banking for Teenagers Draws 500,000 Applicants in a Month
26 November, 2020
An exclusive assistance for teenagers by online-only Kakao Lender has proved favorite since its launch previous month.
The lender said on Wednesday that Kakao Lender Mini, that allows teenagers to make financial transactions from prepaid accounts, attracted 500,000 customers in simply a month after it was launched on Oct. 19.
That means one out of every five teenagers aged 14 to 18 is using the services. A lot of the transactions occurred in convenience stores.
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