Home
Asia/Pac
Largest Fintech in South Korea Looks to Raise $200 Million

Largest Fintech in South Korea Looks to Raise $200 Million

·
Asia/PacFintechNews Roundup
··1 min read

Viva Repulica runs the largest fintech startup in South Korea called Toss; the company is now looking to raise $200 million as they expand into online banking and trading; the founder Lee Seung-gun who was interviewed by Bloomberg declined to disclose expected valuation though the company was last valued at $2.4 billion; Lee also has ambitions to go public in two or three years, listing in South Korea, Hong Kong, or the US; Toss was founded in 2011 and has 10 million monthly active years; in April they had their first break-even month; they process $3.7 billion of transactions per month or about 9.2% of the country’s online transfers; Bloomberg shares more on Lee’s vision of building a supper app that aggregates services from popular fintech companies around the globe. Bloomberg

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts