Tech Company Financing Transactions
Toss Funding Round
Toss closed a $40 million investment round on 6/19/2018. Backers included GIC and Sequoia Capital.
Transaction Overview
Company Name
Announced On
6/19/2018
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Sequoia Capital (Glen Sun)
Proceeds Purpose
This bridge round is a strategic investment which will enable us to explore major opportunities such as investments and acquisitions to become the go-to service for all consumer financial needs while providing superb user experience, said SG Lee, co-founder and CEO of Viva Republica.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
142 Teheran-ro Arc Place 12th Floor
Gangnam-gu Seoul, 06141
South Korea
Gangnam-gu Seoul, 06141
South Korea
Phone
Website
Email Address
Overview
Korea is home to the world's best IT infrastructure, highest internet access, broadband speeds and smartphone penetration. But its online banking system needs a facelift. Even simple transfers require 5 passwords and 37 clicks!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Seunggeon Lee
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We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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