Toss Investment

Seoul, South Korea ·Founded 2013

Overview

Toss completely transforms the way P2P payments is being conducted in Korea where mobile banking apps required OTP devices and 2-3 passwords to simply pay someone back for a cup of coffee. Since Toss launched in February of 2015, Toss garnered over 13 million app downloads and processed over USD$10 billion in P2P payments. Adding to its success in P2P payments, the company has launch over 10 financials services to become a consumer mobile financial services platform. Toss partners with incumbent financial institutions and other fintech players to provide users with services that cover all facets of their financial lives, including payments, loans, investments, credit score management, spending analysis, and insurance products. Uniquely positioned in the Korean market, where a mobile financial services void exists, the company aims to aggregate various mobile financial services onto one platform to provide users with a seamless financial experience - liberating them from the unnecessary complexities that currently exists in the financial services sector today.

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