Lee Seung-gun, founder of Viva Republica Ltd., poses for a photograph in Seoul, South Korea, on Monday, April 20, 2020. Viva Republica, operator of South Korea’s largest fintech startup Toss, is planning to raise about $200 million from investors to bankroll its expansion in online banking and security trading services.
SEOUL: Viva Republica Ltd, the operator of South Korea’s largest financial technology (fintech) startup Toss, is planning to raise about US$200mil from investors to bankroll its expansion in online banking and security trading services.
The company just embarked on its funding round and hopes to complete it in the coming months, founder Lee Seung-gun said in an interview, declining to disclose the expected valuation. Lee is also aiming to go public in two to three years, with a listing in South Korea, Hong Kong, the United States or two of the destinations, he said.
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