viva republica
Socar’s ride-hailing platform Tada adds to growing list of tech layoffs
Seoul-based ride-hailing platform Tada, operated by Korean ride-sharing company Socar’s subsidiary VCNC, plans to let go of a portion of the company’s employees as part of a restructuring as it…
South Korean financial super app Toss closes $405M Series G as valuation rises 7%
Viva Republica, an operator of South Korean finance super app Toss, has finalized a $405 million Series G funding and it says it is now valued at 9.1 trillion won ($7…
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Viva Republica, developer of Korean financial super app Toss, raises $410M at a $7.4B valuation
Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 billion. The new funding was led by Alkeon Capital, an American investment firm, and included participation from new investors like Korea Development Bank, and returning…
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Payment service Toss becomes Korea’s newest unicorn after raising $80M
South Korea has its fourth unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this deal.…
Toss, Korea’s top payment app, raises $40M from Sequoia China and Singapore’s GIC
The largest payment app in South Korea, Toss, has pulled in $40 million in fresh investment from Singapore sovereign wealth fund GIC and Sequoia China. The deal for Viva Republica,…