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Toss - About the company

Toss is a series G company based in Seoul (South Korea), founded in 2011 by Lee Seung-gun. It operates as a Provider of an app-based platform for banking investment and insurance management. Toss has raised $1.25B in funding from investors like Goodwater Capital, Altos Ventures Management and HSG, with a current valuation of $7B. The company has 82 active competitors, including 18 funded and 16 that have exited. Its top competitors include companies like PayU, Flutterwave and Kbank.

Sectors and market segments that Toss operate in

Toss serves in the FinTech market segments.The primary business model of Toss are:

Company Details

Provider of an app-based platform for banking investment and insurance management. It provides users with a platform that offers solutions such as money transfer, payment splitting, QR code scanning, card management, and more. It helps users check credit scores, credit payment status, and loan recommendations. It enables users to track income and expenses for financial reporting. It offers a multi-investment and portfolio management platform for real estate, stocks, bonds, mutual funds, and securities. The app is available for Android and iOS platforms.
Website
toss.im
Social
XFacebook
Email ID
*****@toss.im
Phone Number
+82 **********
Key Metrics
Founded Year
2011
Location
Seoul, South Korea
Stage
Series G
Total Funding
$1.25B in 10 rounds
Latest Funding Round
Post Money Valuation
$7B as on Dec 19, 2022
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2022
Employee Count
3,291 as on Jun 30, 2026
Investment & Acquisitions
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Toss's funding and investors

Toss has raised a total funding of $1.25B over 10 rounds. Its first funding round was on Jul 21, 2015. Its latest funding round was a Series G round on Dec 19, 2022 for $175M. 9 investors participated in its latest round. Toss has 44 institutional investors.

Here is the list of recent funding rounds of Toss:lockFilter this list
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Toss' founders and board of directors

Founder? Claim Profile
The founders of Toss is Lee Seung-gun. Lee Seung-gun is the CEO of Toss.
Here are the details of Toss' key team members:

Toss' employee count trend

Toss has 3,291 employees as of Jun 26. Here is Toss's employee count trend over the years:
Employee count trend for Toss
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Toss's Competitors and alternates

Top competitors of Toss include PayU, Flutterwave and Kbank. Here is the list of Top 10 competitors of Toss, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Series C
Provider of online payment solutions and financial services for businesses
$35.1M
84/100
2nd
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series E
Provider of payment solutions for online and physical business transactions
$489M
83/100
3rd
Logo for Kbank
Kbank
2016, Seoul (South Korea), Public
Internet first bank for individuals
$86.7M
74/100
4th
Logo for ACI Worldwide
ACI Worldwide
1975, Omaha (United States), Public
Process and manage digital payments
-
74/100
5th
Logo for KakaoBank
KakaoBank
2016, Seongnam-si (South Korea), Public
Provider of online banking services, including loans, cards, and fund products
$448M
72/100
6th
Logo for Bango
Bango
1999, Cambridge (United Kingdom), Public
Provider of marketing solutions for e-commerce businesses
-
68/100
7th
Logo for Toss
Toss
2011, Seoul (South Korea), Series G
Provider of an app-based platform for banking investment and insurance management
$1.25B
67/100
8th
Logo for PingPong
PingPong
2015, New York City (United States), Series C
Online platform providing cross-border business payment solutions
$124M
63/100
9th
Logo for First Data
First Data
1971, Atlanta (United States), Acquired
Payments processing service provider
-
63/100
10th
Logo for Worldline
Worldline
1972, Paris (France), Public
Provider of payment processing solutions for merchants and financial institutions
-
61/100
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Toss's Investments and acquisitions

Toss has made 4 investments in companies including WRTN and Quotabook. Toss has also acquired 1 companies including TADA.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 31, 2025
Investments
2021
Seoul (South Korea)
Aug 17, 2022
Investments
2019
Seoul (South Korea)
Jan 03, 2022
Investments
2016
Seongnam-si (South Korea)
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Reports related to Toss

Here is the latest report on Toss's sector:

News related to Toss

lockFilter this list
Media has covered Toss for a total of 20 events in the last 1 year, 8 of them have been about company updates and 5 about partnerships.
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