Lee Seung-gun, founder of Viva Republica Ltd, in Seoul, South Korea, on April 20. Lee’s goal is to make Toss the world’s first super app that aggregates all the services provided by fintech giants. — Jean Chung/Bloomberg
Viva Republica Ltd, operator of South Korea’s largest fintech startup Toss, is planning to raise about US$200mil (RM864.9mil) 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 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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