Fresh off a $154 million funding round in March 2023, South Korean digital lender and neobank Toss Bank is close to raising another $154 million (200 billion won) in equity at a valuation of $2.1 billion (2.7 trillion won), and it is already planning a further $150 million round for the end of the year, sources familiar with the matter told TechCrunch. In March of this year, Toss Bank raised $154 million at a valuation of $1.6 billion, a figure we have confirmed with the company directly (PitchBook notes a higher valuation, which the company told TechCrunch was incorrect). At the time of its last raise, Toss Bank had raised a total of over $1.2 billion since its inception in 2021.