Search results for Toss Place
Finance
Fintech sector shifts from scale growth to profitability battle
South Korea\'s fintech sector is moving beyond scale expansion and into a battle over profitability. Toss operator Viva Republica, Naver Financial and Kakao Pay posted their first combined annual net profit last year, with revenue also hitting record highs. Hecto Financial reported its best-ever results and is stepping up global business plans, including cross-border settlements and prepaid payments for foreign tourists visiting South Korea.
People & Appointments
Toss Place names 16 top partners for 2026
Toss Place, a subsidiary of Viva Republica that supplies payment terminals and point-of-sale solutions, said on Thursday it selected 16 companies as outstanding partners for 2026. The programme recognises agencies that provide good service experiences to merchants and promote the value of Toss terminals and Toss POS. Selected partners receive a plaque, an outstanding agency emblem and marketing benefits including posting on the official website.
Finance
Banks-fintech boundaries blur as Korean online banks expand territory
The line between banks and fintech firms is fading as Capital One moves to buy B2B fintech Brex. Banks are buying companies to secure AI-based financial automation, while fintechs pursue banking licences to provide services directly. In South Korea, embedded finance is spreading as banks integrate services into apps and platforms. Competition among internet-only banks is also heating up ahead of an online loan-refinancing service for sole proprietors.
