south korea virtual banking

Jan

Viva Republica approved for South Korea’s third digital banking license

2020 is off to a good start for South Korean fintech unicorn Viva Republica. The PayPal-backed firm received preliminary approval from South Korea’s Financial Services Commission for a license to operates its neobank Toss Bank. Toss Bank will be permitted to offer a suite a retail banking services, including current…

Aug

Asia Banking Research

Investors remain upbeat on South Korean fintech unicorn Viva Republica

Not even the failure to obtain a virtual-banking license can dampen investor interest in South Korea’s fintech unicorn Viva Republica and its digital banking platform Toss. In mid-August, Viva Republica announced it had raised $64 million from a group of investors led by Hong Kong-based Aspex Management. The latest capital…

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south korea virtual banking