Welcome Savings Bank's Digital Banking App Surpasses 4 Million Cumulative Downloads

Increase in Number of Customers After Launch of Wellbang App in 2018

Welcome Savings Bank announced on the 7th that the cumulative number of downloads of its digital banking application, 'Welcome Digital Bank (Welbang),' has surpassed 4 million, marking the first time this milestone has been achieved in the savings bank sector.

Since launching the service in April 2018, Welbang has exceeded 1.1 million transaction customers and 550,000 monthly active users (MAU).

Welbang provides financial services such as non-face-to-face deposits and savings, loan products, currency exchange, foreign remittance, and simple payments. It also offers specialized services based on MyData, including credit management, loan comparison, refinancing loans, secure secondhand transactions, budget phone plan subscriptions, and insurance premium comparisons. The app features a total of 52 financial and non-financial services.

Kim Dae-woong, CEO of Welcome Savings Bank, stated, “Our goal is to provide not only Welcome’s services but also partner services and products tailored to customers through Welbang.” He added, “We will strive to be recognized as a lifestyle financial platform with competitive products and services.”

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