Toss Bank Co., Ltd.
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Toss Bank Co., Ltd. - overview
Established
2020
Location
Seoul, -, South Korea
Primary Industry
Financial Services
About
Based in Seoul, South Korea, and founded in 2020, Toss Bank Co. , Ltd. operates as a developer of an online banking platform and mobile application for its customers. In September 2023, Toss Bank raised KRW 285 billion in venture funding from E-Land World, Glenwood Private Equity, Hanwha Investment & Securities, HOME&SHOPPING Co.
, Ltd. , KEB Hana Bank, Korea Investment Capital, Standard Chartered Bank, and Toss, with participation from other unspecified investors also participated. As of September 2023, the company is led by its representative director, Hong Min-Taek. Toss Bank Co.
, Ltd. offers a diverse portfolio of financial products, such as cashback check cards, savings accounts that allow users to earn interest on their deposits, and loans, to cater to the varied needs of its customers. It also caters to business needs by providing document-free processes and loans of up to 100 million won for entrepreneurs.
Current Investors
Altos Ventures, Hana Bank, Premier Partners
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance, Commercial Banks
Website
www.tossbank.com
Verticals
FinTech, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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