Toss
Founded Year
2013Stage
Series G - III | AliveTotal Raised
$1.653BValuation
$0000Last Raised
$405M | 2 yrs agoAbout Toss
Toss operates as a digital financial platform. It offers a range of financial services, including bank accounts, money transfers, a financial dashboard, credit score management, customized loans, insurance plans, and multiple investment services. It was founded in 2013 and is based in Seoul, South Korea.
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Expert Collections containing Toss
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Toss is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,258 items
Wealth Tech
2,335 items
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Fintech 100
997 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Payments
3,281 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
13,559 items
Excludes US-based companies
Digital Banking
1,059 items
Challenger bank offer digitally native banking products (checking and savings account at the most basic) and either leverage partner banks or are fully-licensed banks themselves.
Toss Patents
Toss has filed 4 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
5/18/2018 | 3/24/2020 | Technical drawing, House types, Honeycombs (geometry), Mass spectrometry, Graphical projections | Grant |
Application Date | 5/18/2018 |
|---|---|
Grant Date | 3/24/2020 |
Title | |
Related Topics | Technical drawing, House types, Honeycombs (geometry), Mass spectrometry, Graphical projections |
Status | Grant |
Latest Toss News
Dec 11, 2024
Toss The Coin Ltd. is a marketing consulting company offering custom-made marketing services to clients, including B2B tech companies. 11 Dec 2024, 11:00 AM IST 11 Dec 2024, 11:00 AM IST WhatsApp (Photo source: Representative/Unsplash) The IPO of Toss The Coin Ltd. opened on Tuesday and was fully subscribed within hours. The SME IPO has been subscribed almost 150 times so far on the second day of bidding on Wednesday. Toss The Coin SME IPO is an entirely fresh issue of 5.04 lakh shares worth Rs 9.17 crore. Investors who want to subscribe to the Toss The Coin IPO can check these details before bidding for the issue. Toss The Coin IPO: All You Need To Know Toss The Coin IPO will remain open for subscription till Dec. 12. Finalisation of share allotment is set to be done on Dec. 13. Credit of shares into the demat accounts of successful bidders will be done on Dec. 16 along with initiation of refunds for non-allottees. Toss The Coin shares are expected to list on BSE SME on Dec. 17. Toss The Coin IPO price band has been fixed at Rs 172 to Rs 182 per share. Retail investors have to buy at least 600 shares in one lot, taking the minimum investment amount to Rs 1,09,200. Link Intime India Pvt. has been appointed as registrar for the Toss The Coin IPO. Meanwhile, Beeline Capital Advisors Pvt. is the book-running lead manager and Spread X Securities is the market maker for the issue. ALSO READ Toss The Coin IPO Day 2 Subscription Status The IPO has been subscribed 144.49 times as of 10:53 a.m. on Wednesday, as per market tracking site Chittorgarh. Qualified Institutions: 0.01 times Toss The Coin IPO Day 1 Subscription Status The IPO was subscribed 91.31 times on Tuesday. Qualified Institutions: 0.01 times Toss The Coin IPO GMP Today Toss The Coin IPO GMP (grey market premium) was Rs 199 as of 8:00 a.m. on Wednesday, according to InvestorGain. This indicates a potential listing gain of 109.34% over the issue price, with the listing price being Rs 381 per share. Note: GMP or grey market price is not an official price quote for the stock and is based on speculation. Toss The Coin: Business And Financials Toss The Coin Ltd. is a marketing consulting company offering custom-made marketing services to clients, including B2B tech companies. They have worked with several big and small technology companies to craft their GTM strategies. The company provides solutions, including branding, consulting content development, designs, websites, social media campaigns, customer success management and design thinking-based problem-solving workshops. Use Of Proceeds Toss The Coin Ltd. will use proceeds of the IPO to fund the capex required for developing a microservices application and opening new offices. The remaining proceeds will be used to fund working capital requirements and for general corporate purposes. Financials Toss The Coin Ltd. reported a revenue of Rs 4.35 crore in the period ended September 30. Net profit during this period was recorded at Rs 1.16 crore. In FY24, the company reported a 2.5% year-on-year jump in its revenue to Rs 4.96 crore from Rs 4.83 crore in FY23. The net profit, however, dipped 38% YoY to 1.09 crore from Rs 1.78 crore in FY23. Disclaimer: Investments in initial public offerings are subject to market risks. Please consult financial advisors and read red herring prospectus thoroughly before placing bids. ALSO READ
Toss Frequently Asked Questions (FAQ)
When was Toss founded?
Toss was founded in 2013.
Where is Toss's headquarters?
Toss's headquarters is located at Arc Place, 12F, Seoul.
What is Toss's latest funding round?
Toss's latest funding round is Series G - III.
How much did Toss raise?
Toss raised a total of $1.653B.
Who are the investors of Toss?
Investors of Toss include Goodwater Capital, Greyhound Capital, Korea Development Bank, Aspex Management, Alameda Ventures and 22 more.
Who are Toss's competitors?
Competitors of Toss include MobiKwik, Ripple, AZA Finance, Zepz, Ledger and 7 more.
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Compare Toss to Competitors
Paga is a mobile money company that focuses on facilitating digital financial transactions. The company offers services that allow users to send and receive money, pay bills, and top up airtime and data. Paga primarily serves the financial technology sector by simplifying access to financial services for individuals. It was founded in 2009 and is based in Lagos, Nigeria.
Zepz is a company in the financial technology sector that facilitates international payments. It provides digital solutions for sending money across borders, including options for bank deposits, cash collections, and mobile money services. Zepz serves the ecommerce industry by offering online money transfers. It was founded in 2010 and is based in London, England.
AZA Finance specializes in cross-border payment solutions and foreign exchange services for the business-to-business (B2B) sector. The company offers an online payment platform that facilitates multi-currency transactions, Treasury management, and payment collections, designed to support businesses operating in Africa. AZA Finance primarily serves enterprises requiring financial services across multiple African and global markets. AZA Finance was formerly known as BitPesa. It was founded in 2013 and is based in Grand Duchy of Luxembourg City, Luxembourg.
MoMo is a financial technology company that specializes in digital payment solutions and super application development. The company offers a comprehensive ecosystem that allows users to perform various daily activities through their platform, as well as leveraging data analytics and AI to enhance user experience and merchant services. MoMo's products cater to various sectors, including financial services, e-commerce, and more. It was founded in 2007 and is based in Ho Chi Minh City, Vietnam.
Coins.ph is a cryptocurrency exchange and digital wallet provider in the financial technology sector. The company offers a platform for buying, selling, and storing various cryptocurrencies, as well as services for utility bill payments and mobile load purchases. Coins.ph primarily serves individual users and businesses looking to engage with digital assets and cryptocurrency trading. It was founded in 2014 and is based in Pasig City, Philippines. Coins.ph operates as a subsidiary of Wei Zhou.
Airwallex develops a global financial platform that focuses on providing business payment solutions within the financial technology domain. The company offers an array of services including global business accounts for managing finances, international transfers, multi-currency corporate cards, and online payment processing capabilities. It primarily serves the payment industry. The company was founded in 2015 and is based in Melbourne, Australia.
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