Kakao Bank reported a 25.2% year-on-year increase in net profit for the first three quarters to 469.8 billion South Korean won, driven by expanded lending to sole proprietors and growth in its platform business. Net profit for the third quarter rose 27.2% year-on-year to 141.7 billion won, while revenue for the first nine months grew 8.7% to 2.53 trillion won.