What Korea Credit Data does

Korea Credit Data Co., Ltd. (한국신용데이터, KCD) is a Seoul-based financial technology company founded in 2016 that operates Cashnote, a mobile super-app serving Korea's small and medium-sized business (SMB) and self-employed segment. The platform integrates cash flow and revenue management (Cashnote Book), financial product comparison and credit access (Cashnote Finance), B2B marketplace (Cashnote Market), verified-owner community (Cashnote Talk / SaJangnim Talk), store operations (Cashnote My Store), and one-click store setup services, all connected to an aggregated transaction data network covering 2.2M+ business locations and 4,700 trillion KRW in annual transaction volume. Supporting the consumer-facing app are wholly-owned subsidiaries covering credit evaluation (KCS — Korea Credit Service, the first FSC-approved personal business owner credit bureau), payment network infrastructure (KPN, formerly PayServ Korea), cloud-based POS hardware and software (ImU), merchant experience consulting (KMX), and a KakaoTalk-based government-support chatbot (BizBot via acquired Persona).

The underlying technology stack combines an AI-powered data aggregation platform with cloud-based POS infrastructure and Korea MyData-compliant data exchange. Proprietary features include AI-powered expense classification (deployed across 1.5M locations), AI review management (NLP), AI sales forecasting, generative AI design and review assistance, an autonomous-agent AI assistant (Cashni), and a conversational BizBot on KakaoTalk. KCD monetizes through a hybrid model: consumer subscriptions (Cashnote Plus at KRW 150,000/month; Digital Manager add-on at KRW 16,000/month), B2B marketplace transaction fees, POS hardware/software sales via ImU, financial-institution referral commissions from bank and insurance partners, and aggregate data monetization through KCD Data Lab.

Distribution is multi-modal: direct-to-consumer via Google Play and App Store self-serve onboarding, B2B channel partnerships with five major Korean banks (Woori, NH Nonghyup, Hana, BNK Busan, Gwangju) and seven credit guarantee foundations, strategic equity-backed partnerships with insurance providers (Hanhwa Life, Heungkuk Life), and technology integrations with KakaoTalk, LG CNS, MegaZone Cloud, and Fiserv. As of mid-2024, KCD held a KRW 1.3 trillion (~USD 1B) valuation following investments from Morgan Stanley Tactical Value (KRW 100B, August 2023) and Hanwha Life (KRW 50B, July 2024), and reported 2023 revenue of 64.6 billion KRW growing more than 4x year-over-year with 2025 platform revenue up 119%.

Name

Korea Credit Data

Legal name

주식회사 한국신용데이터

Website

https://kcd.co.kr

Company type

Private

Founded year

2016

Headcount range

251–500 employees

Short description

Korea Credit Data (KCD) operates Cashnote, a Korean super-app providing cash flow management, B2B marketplace, POS, financial product distribution, and community services to 2.2M+ SMB business locations and 15M users, leveraging proprietary transaction data and AI-powered credit scoring.

Ownership category

akta.pro rank

Product category

SMB Financial Management Software

NAICS

Credit Bureaus (561450), Activities Related to Credit Intermediation (5223), Other Activities Related to Credit Intermediation (522390), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Finance Services (6199), Services-Computer Programming, Data Processing, Etc. (7370), Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Billing & Revenue Operations (Subscription/Usage Billing, Rating, Order-to-Cash Support) (BPAAAGAD)

Keywords

• SMB financial management
• Cash flow analytics
• Cloud POS systems
• MyData credit scoring
• B2B marketplace platform

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Supply Chain, Infrastructure

Revenue model

1. Cashnote Plus Subscription: Premium subscription service (KRW 150,000/month) offering advanced financial management features including AI expense classification, digital manager tools, detailed analytics, and priority support for SMB owners and self-employed professionals.
2. Cashnote Market Transaction Fees: Marketplace commission on B2B and B2C transactions processed through the Cashnote platform, taking a percentage of transaction value facilitated between merchants.
3. POS Hardware and Software Sales: Revenue from IMU subsidiary's cloud-based POS systems including hardware terminal sales, software licensing, and ongoing maintenance/support fees for merchant customers.
4. Financial Services Commission: Commission revenue from referring SMB customers to partner financial institutions (banks, insurance companies) for loans, credit, and insurance products, leveraging KCD's proprietary credit scoring data.
5. Data Monetization & Analytics: Aggregate and anonymized transaction data insights sold to financial institutions, research organizations, and government agencies for market intelligence and credit risk assessment purposes.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Korea Credit Data (KCD) operates the Cashnote super-app and an integrated SMB financial ecosystem that connects over 2.2 million Korean business locations. Its core offering combines AI-powered cash flow management, accounting automation, B2B marketplace, and a 1.4 million-member business-owner community, supported by proprietary POS hardware (IMU), payment processing (KPN), MyData credit scoring (KCS), and data analytics services.

Product overview

Korea Credit Data (KCD) operates a platform-plus-modules architecture centered on its super-app 'Cashnote' (캐시노트), which serves as the primary interface for over 2.2 million business locations. The platform comprises integrated modules including Cashnote Book (accounting), Cashnote Finance (financial services), Cashnote Market (B2B marketplace), Cashnote Talk (community), Cashnote Plus Membership (premium AI features), and Cashnote My Store (store management). Supporting the core platform are subsidiary services: KCS (credit evaluation for individual business owners), KPN (payment solutions, formerly PayServ Korea), ImU (POS systems), KMX (consulting), and BizBot (government support chatbot). KCD Data Lab provides data analytics services based on the company's extensive transaction data spanning 4,700 trillion KRW annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Cashnote (캐시노트) Super-app platform for Korean SMB management providing integrated sales management, financial services, marketplace, and community features for over 2.2 million business locations.
• KCD Data Lab (KCD 데이터 랩) Data analytics platform providing insights on regional economy and consumer trends based on KCD's extensive transaction data, targeted at local governments and businesses.
• Korea Credit Service (KCS, 한국평가정보) Credit evaluation subsidiary using KCD's transaction data to innovate the mid-interest rate market for personal business owners; provides alternative credit scoring leveraging aggregated SMB transaction data.
• Korea Payment Networks (KPN, 한국결제네트웍스) Payment solutions subsidiary (formerly PayServ Korea) providing comprehensive payment solutions from large to small merchants, including payment terminals, processing, analysis, and reporting services.
• IMU (아임유) Cloud POS Systems POS specialist subsidiary with hardware manufacturing and software development capabilities; holds patents for POS mainboard design and cloud-based POS, kiosk, and mobile integrated solutions.
• Korea Merchant eXperience (KMX, 한국사업자경험) Customer experience (MX) consulting company providing professional and differentiated customer services based on empathy for small business owners, offering comprehensive consulting based on services operated by KCD community companies.
• BizBot (비즈봇) KakaoTalk chatbot service providing government support project information and guidance for small businesses and SMEs via conversational interface.
• Cashni (캐시니) AI Secretary AI-powered autonomous agent assistant providing real-time operational assistance and guidance for small business owners through a conversational interface.

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature6 records

Partnerships

24 partnerships are on record, tiered core and minor.

• Woori BankcoreChannel Partner/ Reseller/ DistributorConsortium partner in SMB financial services distribution. Woori Bank refers customers to KCD platform and offers co-branded financial products leveraging KCD's alternative credit scoring data.
• NH Nonghyup BankcoreChannel Partner/ Reseller/ DistributorAgricultural bank consortium partner providing SMB lending and financial services access through KCD's platform for rural and agricultural business owners.
• BNK Busan BankcoreChannel Partner/ Reseller/ DistributorRegional bank partner focused on Busan and southeastern Korea region, providing localized SMB financial services through KCD platform.
• Hana BankcoreChannel Partner/ Reseller/ DistributorMajor Korean bank partner in SMB financial services consortium, offering credit products and banking services to KCD's small business customer base.
• LG CNScoreTechnology or IntegrationIT services subsidiary of LG Group providing technology infrastructure and system integration support for KCD's cloud platform and data processing capabilities.
• Woori CardminorChannel Partner/ Reseller/ DistributorCredit card subsidiary partner for payment processing integration and co-branded card products for SMB customers.
• KakaoTalkcoreTechnology or IntegrationIntegration partnership for BizBot AI assistant deployed on KakaoTalk platform, enabling conversational business management access for KakaoTalk's SMB user base.
• S-RailroadminorStrategic or Co-development PartnerStrategic partnership for transportation sector financial services, potentially extending KCD's transaction data coverage to rail-adjacent businesses.
• Gwangju BankminorChannel Partner/ Reseller/ DistributorMOU partnership with Gwangju metropolitan city bank for regional SMB financial services and credit guarantee programs.
• Gyeonggi-do Market Commerce Promotion AgencyminorGTM or Marketing PartnerMOU partnership with Gyeonggi Province government agency for SMB commerce promotion and financial inclusion initiatives.
• Gwangju Credit Guarantee FoundationcoreChannel Partner/ Reseller/ DistributorMOU for credit guarantee services enabling KCD customers to access government-backed credit guarantees through the foundation.
• Seoul Credit Guarantee FoundationcoreChannel Partner/ Reseller/ DistributorMOU partnership with Seoul metropolitan government credit guarantee foundation for SMB credit access in Seoul region.
• Daejeon Credit Guarantee FoundationminorChannel Partner/ Reseller/ DistributorMOU for Daejeon region credit guarantee services extending KCD's reach to central Korean SMB customers.
• Incheon Credit Guarantee FoundationminorChannel Partner/ Reseller/ DistributorMOU partnership for Incheon metropolitan city and surrounding area SMB credit guarantee programs.
• Chungnam Credit Guarantee FoundationminorChannel Partner/ Reseller/ DistributorMOU for Chungnam province credit guarantee services for southern Korean SMB customers.
• Busan Credit Guarantee FoundationminorChannel Partner/ Reseller/ DistributorMOU partnership with Busan metropolitan city credit guarantee foundation for southeastern Korean SMB services.
• Gyeonggi Credit Guarantee FoundationcoreChannel Partner/ Reseller/ DistributorMOU for Korea's most populous province Gyeonggi-do credit guarantee services reaching the largest SMB population.
• PersoncoreStrategic or Co-development PartnerAcquired company that operated BizBot, KCD's AI assistant chatbot. KCD acquired Person to integrate conversational AI capabilities into its SMB financial platform.
• IMU (I'm You)coreStrategic or Co-development PartnerSubsidiary specializing in cloud-based POS systems and payment technology. IMU provides POS infrastructure for KCD's merchant customers with proprietary mainboard and cloud POS patents.
• Korea Payment Networks (KPN)coreTechnology or IntegrationSubsidiary (formerly PayServ Korea) providing payment network infrastructure and integration services for KCD's financial transaction processing capabilities.
• Korea Merchant eXperience (KMX)coreStrategic or Co-development PartnerSubsidiary focused on merchant experience and engagement solutions, complementing KCD's SMB financial services ecosystem.
• BOTTLEDminorStrategic or Co-development PartnerUX store subsidiary providing user experience design and consulting services for KCD's customer-facing platforms.
• Korea Credit Service (KCS)coreStrategic or Co-development PartnerCore subsidiary providing credit data and scoring services, forming the foundational data business of KCD's financial inclusion platform.
• IT Sen GroupminorStrategic or Co-development PartnerConsortium partner in SMB financial services ecosystem, contributing technology and operational capabilities.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/korea-credit-data

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds12 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Korea Credit Data