Yoon Ho-young, CEO of Kakao Bank

Yoon Ho-young, CEO of Kakao Bank

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[Asia Economy Reporter Kiho Sung] KakaoBank announced on the 18th that it discussed cooperation plans with Dell Technologies in the future financial platform sector.


Yoon Ho-young, CEO of KakaoBank, and Michael Dell, Chairman and CEO of Dell, along with executives from both companies, recently met online to share their directions regarding the rapidly changing global financial industry and exchanged opinions on cooperation plans.


Dell, as a leading global IT company, supplies a comprehensive IT portfolio to global financial institutions, ranging from infrastructure solutions such as cloud, servers, and storage to IT consulting and implementation services, as well as client solutions including PCs and monitors. Currently, KakaoBank utilizes Dell’s solutions and services in various areas such as servers, network equipment, and data storage.


The two companies held an online meeting to discuss ways to sustain and strengthen their partnership to secure competitiveness in the era of digital transformation (DT) in finance. Through this meeting, KakaoBank presented its strategy to become the number one retail bank and financial platform, along with the direction of mobile banking, while Dell shared its achievements as a leader in the global cloud infrastructure and client solution markets and trends among global financial institutions.


CEO Yoon said, "It was a meaningful occasion to share the direction of future financial platforms and strengthen mutual partnerships," adding, "KakaoBank will continue to expand collaboration with companies possessing the world’s best technologies to drive financial innovation."



Michael Dell expressed, “We appreciate KakaoBank, with which Dell has built a good cooperative relationship,” and said, “It was a valuable time to discuss how Dell’s solutions can be applied to support KakaoBank’s successful business.”


This content was produced with the assistance of AI translation services.

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