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Toss

toss.im

Founded Year

2011

Stage

Series G - III | Alive

Total Raised

$1.653B

Valuation

$0000 

Last Raised

$405M | 5 mos ago

About Toss

Toss provides purchase-to-pay (P2P) money transfer services through a mobile application. It offers a range of financial services in one application, including a financial dashboard, credit score management, customized loan or insurance plans, as well as multiple investment services. The company was founded in 2011 and is based in Seoul, South Korea.

Headquarters Location

Arc Place, 12F 142 Teheran-ro, Gangnam-gu

Seoul, 06236,

South Korea

1599-4905(24/7)

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Research containing Toss

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Toss in 5 CB Insights research briefs, most recently on Oct 5, 2021.

Expert Collections containing Toss

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Toss is included in 6 Expert Collections, including Banking.

B

Banking

1,451 items

U

Unicorns- Billion Dollar Startups

1,208 items

W

Wealth Tech

2,015 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

F

Fintech 250

997 items

P

Payments

2,881 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

3,435 items

Toss Patents

Toss has filed 4 patents.

The 3 most popular patent topics include:

  • Graphical projections
  • Honeycombs (geometry)
  • House types
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/18/2018

3/24/2020

Technical drawing, House types, Honeycombs (geometry), Mass spectrometry, Graphical projections

Grant

Application Date

5/18/2018

Grant Date

3/24/2020

Title

Related Topics

Technical drawing, House types, Honeycombs (geometry), Mass spectrometry, Graphical projections

Status

Grant

Latest Toss News

Toss Mobile unveils 4 types of low-cost phone rate plans and holds discount events…“39,800 won per month for 100GB data use”

Jan 30, 2023

January 29, 2023 ‘Toss Mobile’, a communication subsidiary of Toss, announced that it had started a service targeting pre-applicants. Tossmobile collected more than 170,000 applicants in four days with distinctions such as unused data cashback, Tospay-linked membership, and convenient opening procedures in the previous pre-application. By age group, 68% were in their 20s and 30s, and 22% were in their 40s. Celebrating the opening, Toss Mobile provides 100GB data as standard and an unlimited data, call, and text plan at a three-month promotional price of KRW 39,800 per month (regular price KRW 59,800). In addition to this, ▲ 71GB basic data, unlimited data/call/text (promotional price 34,800 won/regular price 54,800 won) ▲data 15GB basic, 100 minutes call/100 text messages (monthly 25,800 won/regular price 35,800 won) ) ▲ Data 7GB basic, unlimited data/call/text (monthly 14,800 won/regular price 24,800 won) subscription plan is also available. Data 100GB and 71GB products provide up to 10,000 KRW in Toss point cashback depending on the remaining unused data, and 5,000 KRW in Toss points are returned when paying with Toss Pay. Toss Mobile said that it not only provides the same data quality by using the networks of the three existing mobile network operators (MNOs), but also provides a convenient opening experience and differentiated services within the Toss app. The weak level of personal information protection, which is pointed out as a limitation of existing virtual mobile network operators (MVNO) operators, has been strengthened in accordance with the security guidelines of the parent company Toss, and a 24-hour customer center is added. Subscribing to the Toss Mobile service is done by applying in All Tab > Communication Category > Toss Mobile Mobile Phone Plan. After completing the convenient application process using the Toss certificate, the SIM is quickly delivered to the requested address. After signing up, you can check your remaining data on the Toss Mobile page. Pre-applicants will be notified sequentially through app push notifications when they can sign up, and they plan to expand the service area starting with Seoul/Gyeonggi area. An official from Toss Mobile said, “Toss Mobile wants to establish itself as a brand that changes the existing stereotype of MVNOs that the service quality is low and the subscription experience is difficult.” I will go,” he said. *The article has been translated based on the content of ITWorld Korea by www.itworld.co.kr . If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much! *We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language. *We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards! Report Content

Toss Frequently Asked Questions (FAQ)

  • When was Toss founded?

    Toss was founded in 2011.

  • Where is Toss's headquarters?

    Toss's headquarters is located at Arc Place, 12F, Seoul.

  • What is Toss's latest funding round?

    Toss's latest funding round is Series G - III.

  • How much did Toss raise?

    Toss raised a total of $1.653B.

  • Who are the investors of Toss?

    Investors of Toss include Goodwater Capital, Greyhound Capital, Korea Development Bank, Aspex Management, DUMAC and 21 more.

  • Who are Toss's competitors?

    Competitors of Toss include Ledger, Zoona, BitGo, MobiKwik, Airwallex, Circle, Coins.ph, Paga, Ripple, MoMo and 14 more.

Compare Toss to Competitors

Airwallex Logo
Airwallex

Airwallex is a financial technology company. It allows customers to issue and pay international invoices and bills. It offers domestic and international business accounts, company cards, and expense management. The company was founded in 2015 and is based in Melbourne, Australia.

Coins.ph Logo
Coins.ph

Coins.ph provides a blockchain-based platform. It offers consumers access to basic financial services, such as remittances, bill payments, and mobile airtime. It was founded in 2014 and is based in Pasig City, Philippines. In April 2022, Coins.ph was acquired by Wei Zhou.

Paga Logo
Paga

Paga operates as a mobile money company that is building an ecosystem to enable people to digitally send and receive money, and creates simple financial access. It was founded in 2009 and is based in Lagos, Nigeria.

Ant Group Logo
Ant Group

Ant Group (SGX: 5VJ) is a technology company that offers financial services, serving small and micro enterprises and consumers. It is dedicated to building an open ecosystem of technologies while working with other financial institutions to support the future financial needs of society. The company's products include Alipay, a payment and lifestyle platform, Ant Fortune, a comprehensive wealth management app, and Zhima Credit, an independent, private, alternative credit service. It was founded in 2011 and is based in Hangzhou, China.

ZEPZ Logo
ZEPZ

ZEPZ provides a digital money transfer platform. The company specializes in international transfers to mobile money accounts – a technology where a customer's phone numbers acts like a bank account to hold funds.

M
MoMo

MoMo, operated by M_Service, is an e-wallet application on mobile phones and can be replaced for cash in some types of payments such as money transfer, game top-up, mobile top-up, and bill payment anytime, anywhere. The platform is a safe, simple, convenient, and low-cost method of payment. On December 10th, 2021, Mizuho Bank acquired a minority stake in MoMo for $170M.

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