Naver eyes fintech IPO in Dunamu tie-up

Naver said in a regulatory filing on Wednesday that it plans to pursue an initial public offering of its fintech arm Naver Financial following a share swap with Upbit operator Dunamu, although key details remain unsettled. The two companies agreed to set up a joint committee within a year after completing the share exchange to prepare for the IPO, aiming to go public within five years. The timeline could be extended by up to two years if necessary. Naver, however, kept its options open. “The lis

By The Korea Herald