Lotte Card - Ownership and Business Overview

Financial ServicesCompany

Lotte Card Ownership

Who owns Lotte Card?

Lotte Card is owned by MBK Partners HK. It was acquired on October 15, 2019.

Is Lotte Card PE-backed?

Yes. Lotte Card is owned by private equity investor MBK Partners HK.

Lotte Card Business Overview

Where is Lotte Card headquartered?

Lotte Card is headquartered in Seoul, Japan.

What sector is Lotte Card in?

Lotte Card is a financial services company.

When was Lotte Card founded?

Lotte Card was founded in 2002.

Financial Services M&A Summary in 2019

Out of 60 sectors in the Mergr database, financial services ranked 10 in number of deals in 2019. The largest financial services acquisition in 2019 was Worldpay - which was acquired by Fidelity National Information Services for $43.0B.

Join Mergr to view all 209 acquisitions of financial services companies in 2019, including 21 acquisitions by private equity firms, and 188 by strategics.

Lotte Card

Lotte Card Co., Ltd.

76 Saemunan-ro, Jongno-gu,,
Seoul,
Japan,
1899-8100
www.lottecard.co.kr

Lotte Card is a credit card issuer in Korea, and the only one with a captive retail network, contributing to its firm brand perception. Lotte Card engages in credit card business, loan business, installment financing, transportation card business via its subsidiary, eB Card, and also a credit card business in Vietnam. Lotte Card was founded in 2002 and is based in Seoul, Japan.


Company Summary

SECTOR

Financial Services

Established

2002

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