South Korea’s digital lender Toss Bank in advanced talks to close $154M funding at a valuation of $2.1B

Fresh off a $153 million funding round in March 2023, South Korean digital lender and neobank Toss Bank is close to raising another $154 million (200 billion won) in equity at a valuation of $2.1 billion (2.7 trillion won), and it is already planning a further $150 million round for the end of the year, sources familiar with the matter told TechCrunch.
The Seoul-based challenger bank is in advanced discussions for both funding injections with existing and new investors, including global private equity firms and corporations, the sources said without providing further details. In March of this

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