Funding Round · Neobank · 2022

Toss Series G funding round closes at $405M

Toss raised $405M Series G led by Tonic Private Equity, Altos Ventures, Goodwater Capital, Korea Development Bank, Aspex Management, Greyhound Capital, DUMAC, Bond Capital, Korea Investment & Securities on November 1, 2022.

Primary
Toss
Counterparty
Tonic Private Equity, Altos Ventures, Goodwater Capital, Korea Development Bank, Aspex Management, Greyhound Capital, DUMAC, Bond Capital, Korea Investment & Securities
Amount
$405M
Structure
Series G
Date
November 1, 2022
Sub-sector
Neobank

Toss raises $405M to fund Toss Bank and Toss Securities expansion, targeting profitability in 2023 amid competitive fintech market contraction.

Primary company
Toss
Amount
$405M
Event date
November 1, 2022
Sub-sector
Neobank
HQ
Not disclosed
Structure
Series G
Source published
December 20, 2022
Publisher
Coinspeaker

Source: coinspeaker.com