Kakao Pay Securities Partners with Seabert to Reignite Global Financial Market Expansion

Combining Mobile Innovation and Global Financial Infrastructure
Exploring Comprehensive Collaboration in Overseas Stock Brokerage and AI Investment Information

Kakao Pay Securities has rolled up its sleeves to expand into overseas financial markets.

On August 25, Kakao Pay Securities announced that it had met with executives from the American investment banking firm Seabert at its Pangyo and Yeouido offices from August 20 to 21 to discuss potential collaboration.

Shin Hocheol, CEO of Kakao Pay Securities (left), and David Zebia, Chief Officer of Sybert (right), are taking a commemorative photo. Kakao Pay Securities

Seabert is a comprehensive financial company listed on NASDAQ, founded in New York in 1967. Through its subsidiaries, it provides a wide range of financial services to both individual and institutional investors, including securities trading, investment advisory and asset management, and the operation of corporate equity compensation plans.

The two-day meetings were attended by key executives from both companies, including David Zevia, Chief Officer of Seabert and a member of the Zevia family, which holds the largest stake in the company, as well as Kakao Pay CEO Shin Wonkeun and Kakao Pay Securities CEO Shin Hocheol.

This meeting was held to discuss building a strategic partnership across platforms, technology, and digital finance. The two sides explored various models for global collaboration, aiming beyond Korea and the United States by combining Kakao Pay’s mobile and fintech expertise with Seabert’s financial infrastructure and product management capabilities.

The two companies held in-depth discussions on a range of cooperative initiatives, including: expanding overseas stock brokerage services and product offerings such as order execution, clearing, and options trading; optimizing investment information and trading experiences using AI; and jointly developing next-generation financial infrastructure related to digital assets.

Kakao Pay Securities plans to leverage Seabert’s global network and financial infrastructure as a forward base to broaden its scope of cooperation and target overseas markets.

In particular, to effectively respond to the growing demand for overseas stock investment among Korean investors and provide a stable trading environment, the company intends to further strengthen its overseas stock brokerage services in cooperation with Seabert.

Shin Hocheol, CEO of Kakao Pay Securities, stated, "This collaborative meeting was a meaningful opportunity to lay the foundation for a partnership that combines Korea’s mobile innovation with America’s financial infrastructure expertise. Both companies will continue to work together to deliver more innovative and trustworthy financial experiences to our customers."

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