Viva Republica Inc, operator of South Korea’s largest fintech startup Toss, raised more than $400mn at a $7.4bn value, to help the super app grow sales 12-fold by 2025 as it heads for a potential initial public offering. The Seoul-based startup raised $410mn, with more than half coming from foreign investors including Alkeon Capital Management and Altos Ventures, founder and chief executive officer Lee Seung-gun said in an interview. State-run Korea Development Bank pumped 100bn won into the round. It’s considering another fundraising in the first half of 2022 that will be its largest ever and the last before the startup seeks an IPO within the next five years. Toss is among a handful of gl
Hence then, the article about a 7bn fintech super app eyes 12 fold growth ipo by 2025 was published today ( ) and is available onٌRayaٌ news ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( A $7bn fintech super app eyes 12-fold growth, IPO by 2025 )