Toss
Toss is a South Korean financial super-app operated by Viva Republica that integrates over 50 diverse financial services including banking, insurance, stock trading, payment processing, and lending into a single unified platform. With approximately 30 million registered users representing roughly 60% of South Korea's population, Toss processes over $250 billion in annual transaction volume and reported $1.4 billion in revenue and $15 million net profit in 2024.
Public Company
Toss is publicly traded
IPO'd on 2026
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Employees
2,500+
Total Funding
$3.69B
9 rounds
Last Private Valuation
$7B
Dec 19, 2022
Secondary Signals
2 signalsPostponed planned 2026 Nasdaq ADR listing, giving no new timeline, per Seoul Economic Daily source
IPO timing now uncertain; discount near-term liquidity/listing catalyst for secondary holders
GIC, Baillie Gifford, Wellington Management and WCM bought existing Viva Republica shares from other holders
New crossover holders added pre-IPO via secondary purchase; no fresh primary capital raised
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $3.69B across 9 rounds
Last updated 08-07-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Apr 2026 | US IPO (rumored) | $2.5B | $15B | Not named |
| Dec 18, 2025 | Pre-IPO investor round (rumored) | Not disclosed | — | Not named |
| Dec 19, 2022 | Series G TechCrunch | $405M | $7B | Tonic Private Equity |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series C
$1.2B
Dec 2018
Toss today
$7B
Dec 2022 · latest mark
Toss multiple
5.8x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Lee Seung-gun
CEO & Founder
Seo Hyun-woo
Chief Operating Officer
Hyeong-seok Lee
Chief Technology Officer
Jeong Hee-yeun
Chief Human Resources Officer
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Kakao Bank
South Korean mobile-first bank and digital financial services platform offering banking, payments, and investment services with ~40 million users
Naver Financial
Naver Pay and financial services platform offering digital payments, BNPL, money transfers, and investment services integrated with Naver ecosystem
KB Kookmin Bank
South Korea's largest bank competing in digital banking and traditional financial services
Samsung Pay
Samsung's digital payment and financial services platform competing in mobile payments and BNPL
Coupang Pay
E-commerce integrated payment and BNPL platform from Coupang ecosystem
Hyundai Card
Credit card and BNPL provider competing in consumer finance and payment services
Toss Investment FAQ
Toss FAQ
Viva Republica dropped its domestic Korean IPO in late 2024 and pivoted to a U.S. listing, targeting a Q2 2026 Nasdaq (ADR) debut at a $10B+ valuation, potentially up to $15B, with $2-3B in proceeds. On 6 July 2026 the company postponed that 2026 Nasdaq listing plan and gave no new timeline, per the Seoul Economic Daily (via Investing.com/Reuters). No public registration statement is on file with the SEC as of August 2026, so the U.S. listing remains a stated intention rather than an active, dated process. Toss reached profitability in 2024 ($1.4B revenue, $15M net profit).
Toss shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Toss went public in 2026 via ipo, with an offering valuation of approximately $7B. Viva Republica dropped its domestic Korean IPO in late 2024 and pivoted to a U.S. listing, targeting a Q2 2026 Nasdaq (ADR) debut at a $10B+ valuation, potentially up to $15B, with $2-3B in proceeds. On 6 July 2026 the company postponed that 2026 Nasdaq listing plan and gave no new timeline, per the Seoul Economic Daily (via Investing.com/Reuters). No public registration statement is on file with the SEC as of August 2026, so the U.S. listing remains a stated intention rather than an active, dated process. Toss reached profitability in 2024 ($1.4B revenue, $15M net profit).
Toss raised $3.69B across 9 disclosed funding rounds prior to its public listing.
Toss was founded by Lee Seung-gun in 2013.
Toss is headquartered in Seoul, South Korea.
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