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  • South Korean financial super app Toss closes $405M Series G as valuation rises 7%

    1 month ago - By Tech Crunch

    Viva Republica, an operator of South Korean finance super app Toss , has finalized a $405 million Series G funding and it says it is now valued at 9.1 trillion won , up from 8.5 trillion won in June 2021, when it raised $410 million in pre-Series F funding at a $7.4 billion valuation. (South Korea's currency has depreciated against the dollar this year.)
    The company's recent funding caught our attention, including that it signals the company is doing comparatively well amid a gloomy macroeconomic outlook. Indeed, unlike global fintech companies , including Klarna , Stripe , and...
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