# Toss

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/toss

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.toss.im
- Total disclosed funding: $868M
- Latest round: Series G (Dec 1, 2022)
- Investors on record: 26

## About

Based in Seoul, South Korea, and founded in 2011, Viva Republica Inc., trading under the name Toss, operates as a fintech company that provides a mobile platform that enables peer-to-peer money transfers and manages bank accounts and credit scores. In December 2025, new investors GIC, Baillie Gifford, Wellington Management, and WCM Investment Management acquired a stake in Toss from other unspecified investors. Financial terms were not disclosed.

The company offers a digital platform for payments, insurance, securities, and banking services under the trademarks Toss Payments, Toss Insurance, Toss Securities, and Toss Bank. Toss also provides access to insurance plans and loans, split bill options, QR payment, and multiple similar services that help users in managing their finances. In addition, the company also offers non-face-to-face customer consultation for financial services through its affiliates.

The company generates revenue through subscription fees and guarantee insurance fees, where the subscription fee is KRW 200,000 and there is no insurance fee for monthly settlement below KRW 10 million. However, the company charges the guarantee insurance fee of 0.953% of the deposit amount for the monthly settlement limit above KRW 10 million.

## Funding rounds

- Series G, Dec 1, 2022, $36M — Altos Ventures, Korea Development Bank, Korea Investment & Securities, Goodwater Capital, DUMAC, Greyhound Capital, Bond, Aspex Management, Forerunner Capital Partners
- Series G, Aug 11, 2022, $175M — Goodwater Capital, Premier Partners, Harvest Growth Capital, Pebbles Investment
- Series G, Jul 20, 2022, $223M — Altos Ventures, Korea Development Bank, WOORI Venture Partners, Kwangju Bank, Goodwater Capital, Greyhound Capital, Mirae Asset Securities
- Series F, Aug 24, 2020, $174M — Kleiner Perkins, Altos Ventures, Goodwater Capital, FJ Labs, Greyhound Capital, HSG, Aspex Management
- Series F, Aug 7, 2019, $64M — Kleiner Perkins, GIC, Altos Ventures, Bessemer Venture Partners, Goodwater Capital, HSG, Aspex Management
- Series F, Dec 10, 2018, $80M — Kleiner Perkins, Altos Ventures, Bessemer Venture Partners, Qualcomm Ventures, WOORI Venture Partners, Novel Investments, Ribbit Capital, Goodwater Capital, PayPal Holdings
- Series E, Jun 16, 2018, $39M — GIC, HSG
- Series D, Mar 9, 2017, $48M — Partech Partners, Altos Ventures, Bessemer Venture Partners, Goodwater Capital, PayPal Holdings
- Series C, Apr 8, 2016, $23M — Altos Ventures, Qualcomm Ventures, WOORI Venture Partners, Goodwater Capital
- Series B, Jul 18, 2015, $4.3M — Altos Ventures, WOORI Venture Partners, Industrial Bank of Korea
- Series A, Aug 12, 2014, $1M — Altos Ventures

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A, Series B, Series C, Series D, Series F, Series G
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series B, Series C, Series F, Series G
- Industrial Bank of Korea — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C, Series F
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series C, Series D, Series F, Series G
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series D
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series D, Series F
- PayPal Holdings — Series D, Series F
- GIC — Series E, Series F
- HSG (https://capitalatlas.ai/funds/hsg) — Series E, Series F
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series F
- Novel Investments — Series F
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series F
- Aspex Management — Series F, Series G
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series F
- Greyhound Capital (https://capitalatlas.ai/funds/greyhound-capital) — Series F, Series G
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series G
- Kwangju Bank — Series G
- Mirae Asset Securities (https://capitalatlas.ai/funds/mirae-asset-securities) — Series G
- Premier Partners (https://capitalatlas.ai/funds/premier-partners) — Series G
- Harvest Growth Capital (https://capitalatlas.ai/funds/harvest-growth-capital) — Series G
- Pebbles Investment (https://capitalatlas.ai/funds/pebbles-investment) — Series G
- Korea Investment & Securities (https://capitalatlas.ai/funds/korea-investment-securities) — Series G
- DUMAC — Series G
- Bond (https://capitalatlas.ai/funds/bond) — Series G
- Forerunner Capital Partners (https://capitalatlas.ai/funds/forerunner-capital-partners) — Series G