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South Korean fintech startup Toss completes $405m Series G funding

Tonic Private Equity, a fintech-focused PE firm, led the funding round along with others. ....

South Korea , South Korean , Viva Republica , Viva Republica Ltd , Korea Development Bank , Private Equity , Altos Ventures , Goodwater Capital , Greyhound Capital , Aspex Management , Bond Capital , Toss Bank , Southeast Asia , Financial Times , Softbank Ventures Asia ,

South Korean superapp Toss plans to raise $1b for SE Asia expansion: report

The fintech player will compete with superapps Grab and GoTo in the region. ....

Hong Kong , Republic Of , South Korea , Viva Republica , Viva Republica Ltd , Southeast Asia , Financial Times , Lee Seung Gun , Sequoia Capital China , Toss Vietnam , Softbank Ventures Asia ,

GIC leads $100m investment in S Korean digital content unicorn RIDI

Singapore’s GIC has led a 120 billion won (nearly $100 million) investment in South Korean content platform RIDI Corporation. ....

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KakaoBank Soars Over 70% in Korean Internet-Only Lender's Debut

KakaoBank Soars Over 70% in Korean Internet-Only Lender's Debut
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Korean 'Webtoons' Firm Eyes $18 Billion Value from U.S. IPO

Korean ‘Webtoons’ Firm Eyes $18 Billion Value from IPO
Bloomberg
1 hr ago
Youkyung Lee
(Bloomberg) Kakao Entertainment Corp. is considering New York as a venue for its planned float next year, the latest South Korean company to look into a U.S. initial public offering after e-commerce giant Coupang Inc.’s blockbuster listing in March.
Kakao Entertainment Chief Executive Lee Jinsoo said that while the focus is on a Korean listing, the company is also looking into New York where Coupang’s $4.6 billion float was the biggest U.S. initial public offering since Uber Technologies Inc.’s 2019 listing.
A float could value the digital comic and movie-making unit of South Korean mobile tech giant Kakao Corp. at more than 20 trillion won ($17.8 billion), double its current worth, the chief executive said in an interview with Bloomberg. ....

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