Finance
Toss, Woori Finance Savings Bank launch Soho Score loan for sole proprietors
Viva Republica, operator of Toss, will have its alternative credit scoring model for sole proprietors, Soho Score, applied to Woori Finance Savings Bank’s screening for unsecured credit loans to individual business owners. Toss said it launched a sole proprietor-only unsecured credit loan, VitaWON BIZ, using the model. Soho Score was jointly developed by Toss and Korea Credit Data. The companies aim to widen financial access for mid- to low-credit sole proprietors.
