Tech Company Financing Transactions
Toss Funding Round
Toss, based in Gangnam-gu Seoul, secured $405 million in funding from Altos Ventures, Aspex Management and Bond Capital.
Transaction Overview
Company Name
Announced On
12/20/2022
Transaction Type
Venture Equity
Amount
$405,000,000
Round
Series G
Investors
Proceeds Purpose
Toss plans to use the proceeds of its newest fundraise to invest in its products, including digital lending and online payment service for individuals and local merchants.
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
Browse more venture capital transactions:
Prev: 12/20/2022: Tendril venture capital transaction
Next: 12/20/2022: Rise Health venture capital transaction
Share this article
Where The Data Comes From
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.
Additional Resources for Entrepreneurs