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Aya Lin · · 1 min readIn brief: South Korean fintech unicorn Toss nets $64m at $2.2b valuation
- South Korea’s Viva Republica, operator of mobile finance platform Toss, raised US$64 million at a valuation of US$2.2 billion in a round led by Hong Kong equity investment firm Aspex Management, The Investor reported.
- Existing investors Kleiner Perkins, Altos Ventures, Goodwater Capital, GIC, Sequoia Capital China, and Bessemer Venture Partners also participated in the round, which brought the company’s total funding to about US$250 million.
- Launched in 2015, Toss provides a full suite of financial services via an app, allowing users to view bank and credit card transactions, manage credit scores, and buy loans and insurance plans.
Editing by Charmaine de Lazo
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