Viva Republica’s digital banking venture Toss Bank gets final nod; starts business in September

Korean unicorn startup Viva Republica is all set to enter the banking sector. Its subsidiary Toss Bank, the country’s third internet bank, obtains license approval from the Financial Services Commission (FSC). Toss Bank is expected to officially launch at the end of September through the Toss app, a money-transfer service with 20 million users. Viva Republica announced that its affiliate,…
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