bullish
Viva Republica (Toss): A Fintech Giant in Korea
597 Views02 Jul 2022 14:51
SUMMARY
- Viva Republica (Toss) is one of the biggest fintech companies in Korea. Toss provides bundled fintech services including payments, banking, securities, and insurance.
- In late June 2022, Viva Republica reported that it received Series G funding with 500 billion won in new investments, valuing the company at 9.0 trillion won or more.
- From 2018 to 2021, the company's sales increased by 142% CAGR. Operating margin improved significantly from -97.2% in 2019 to -18.6% in 2020 but worsened slightly to -23% in 2021.
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- Toss Bank - Receives Final Govt Approval to Become the 3rd Internet Bank in Korea09 Jun 2021
- Viva Republica (Toss) - The Largest Fintech Company in Korea27 May 2020
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