Viva Republica, operator of Toss, topped 2.9 trillion won in cumulative revenue through the third quarter, beating last year's full-year results early. Revenue rose more than 50 percent as growth continued in core businesses such as simple payments and financial product brokerage, and both operating profit and net profit expanded.

A filing on Nov. 13 showed Toss posted consolidated operating revenue of 2.9179 trillion won through the third quarter, up 51.6 percent from a year earlier. That exceeded last year's full-year operating revenue of 2.6983 trillion won in three quarters.

Cumulative operating profit for the same period rose 9.1 percent from a year earlier to 264.6 billion won. Net profit increased 47.3 percent to 238.0 billion won, improving profitability indicators along with revenue.

By business, the super app services segment, which includes remittances and payments, loan comparison, tax services and commerce, posted cumulative operating revenue of 2.1132 trillion won. It accounted for 72.4 percent of total revenue, forming Toss' core earnings base.

The payments network services segment, which covers simple payments, payment gateway services and offline payment terminal operations, generated operating revenue of 804.7 billion won. It accounted for 27.6 percent of total revenue. Toss said major businesses including payment services such as FacePay, financial product brokerage and investment all grew.

Revenue growth continued in third-quarter results as well. Consolidated operating revenue for July to September rose 48.7 percent from a year earlier to 1.0252 trillion won. It recorded revenue above 1 trillion won for a second straight quarter after 1.0875 trillion won in the second quarter. Third-quarter operating profit was tallied at 18.4 billion won.