[…] Toss Financial institution obtained preliminary approval for a digital banking license from the Monetary Providers Fee of Korea in December 2019 and launched its providers in September 2021, turning into the third digital financial institution in South Korea to function with out a bodily department. It has over 2.3 million customers as of March 2022, providing varied banking providers comparable to deposits, loans, debit playing cards and worldwide cash transfers.Toss Financial institution was planning to lift funds at a valuation of US$3 billion in Q1 2023. […]