About Toss
Toss is a company based in Seoul (South Korea) founded in 2011 by Lee Seung-gun. Toss has raised $1.25 billion across 10 funding rounds from investors including PayPal, Industrial Bank of Korea and Kleiner Perkins. Toss has completed 1 acquisition, including Tada Tada. Toss offers products and services including Toss App and Toss Payments. Toss operates in a competitive market with competitors including Flutterwave, PayU, Bango, ACI Worldwide and KakaoBank, among others.
- Headquarter Seoul, South Korea
- Founders Lee Seung-gun
- Stage Unicorn
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Viva Republic Co Limited
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
$412.46 M (USD)-32as on Dec 31, 2022
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Net Profit
-$126.69 M (USD)-175as on Dec 31, 2022
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EBITDA
-$132.15 M (USD)23as on Dec 31, 2022
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Total Equity Funding
$1.25 B (USD)
in 10 rounds
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Latest Funding Round
$174.63 M (USD), Series G
Dec 19, 2022
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Investors
PayPal
& 25 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Toss
Toss offers a comprehensive portfolio of products and services, including Toss App and Toss Payments.
Mobile app for overseeing accounts, transfers, and investments securely.
Tool for business transactions and fee-free money transfers.
People of Toss
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Funding Insights of Toss
Toss has successfully raised a total of $1.25B across 10 strategic funding rounds. The most recent funding activity was a Series G round of $174.63 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Toss
Toss has secured backing from 26 investors, including venture fund and institutional investors. Prominent investors backing the company include PayPal, Industrial Bank of Korea and Kleiner Perkins.
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Tonic Private Equity is engaged in private equity investments.
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Early-stage companies are funded by this venture capital firm.
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Investments in consumer tech sectors are managed by Goodwater Capital.
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Investor details for Toss
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Toss
Toss has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tada Tada.
Investment portfolio details for Toss
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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App-based ride-hailing platform
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Locked | Locked | 2006 | Locked |
Complete acquisition details for Toss
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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Financial Statements - Toss
Detailed financials for Toss
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Toss Comparisons
Peer comparison for Toss
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Competitors of Toss
Toss operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, PayU, Bango, ACI Worldwide and KakaoBank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Marketing solutions for e-commerce businesses are provided by Bango.
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Digital payments are processed and managed via specialized solutions.
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Digital banking services are provided for individuals and businesses.
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Detailed competitors of Toss
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Latest news on Toss
Complete news archive for Toss
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Frequently Asked Questions about Toss
Toss was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Toss is headquartered in Seoul, South Korea.
Lee Seung-gun is the current CEO of Toss. They have also founded this company.
Toss is a funded company, having raised a total of $1.25B across 10 funding rounds to date.
Annual revenue of Toss is $412.46M as on Dec 31, 2022.
Toss was founded in 2011 in Seoul, South Korea, as a fintech company. An app-based platform is operated for managing banking, investments, and insurance. Services include money transfers, payment splitting, QR code scanning, card management, credit score checks, loan recommendations, and expense tracking. Multi-asset investment options such as stocks, bonds, mutual funds, real estate, and securities are supported. The application is available on Android and iOS devices.
Toss's top competitors include PayU, Flutterwave and Bango.
Toss offers Toss App and Toss Payments.
Toss has made 1 acquisition, including Tada Tada.
Toss has 26 investors. Key investors include PayPal, Industrial Bank of Korea, Kleiner Perkins, Bessemer Venture Partners, and Mirae Asset.
The valuation of Toss is $7.4B as of Jun 2021.