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 billion), up from 8.5 trillion won in June 2021, when it raised $410 million in pre-Series F funding at a $7.4 billion (8.5 trillion won) valuation. (South Korea’s currency has depreciated against the dollar this year.)
The company’s recent funding caught our attention, including that it signals the company is doing comparatively well amid a gloomy macroeconomic outlook. Indeed, unlike global fintech companies, inclu

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