Toss Bank Achieves First-Ever Profit in 2024, Paving the Way for Global Expansion

Quick Summary:

Korean unicorn Viva Republica, the operator of the widely popular financial app Toss, has achieved its first annual net profit in 2024, marking a significant milestone in its 11-year history.

The company recorded a net profit of 21.3 billion won (USD 1.46 million approx.), a stark turnaround from years of financial losses.

Korean Startup and Technology News.

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Article Details

Author / Journalist: Daehyun Song

Category: StartupsTechnology

Markets: South Korea

Topics: Online banking Toss Bank South Korea fintech Digital banking Fintech growth Toss securities FinTech Startup Fintech IPO Viva Republica

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 14:22:39 (2 days ago)

News Timezone: GMT +8:00

News Source URL: koreatechdesk.com

Language: English

Article Length: 557 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © KoreaTechDesk

News ID: 27578539

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About KoreaTechDesk

Main Topics: StartupsTechnology

Official Website: koreatechdesk.com

Year Established: 2018

Headquarters: South Korea

News Last Updated: 4 days ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #90

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