[…] Toss Financial institution acquired preliminary approval for a digital banking license from the Monetary Companies Fee of Korea in December 2019 and launched its companies in September 2021, changing into the third digital financial institution in South Korea to function and not using a bodily department. It has over 2.3 million customers as of March 2022, providing numerous banking companies equivalent to deposits, loans, debit playing cards and worldwide cash transfers.Toss Financial institution was planning to boost funds at a valuation of US$3 billion in Q1 2023. […]