# Toss

> Toss is a South Korean fintech super-app; Toss Bank is its licensed internet bank competing with KakaoBank.

Source: https://www.neobank.wiki/wiki/toss
Last updated: 2026-08-11
Categories: Financial technology, South Korea neobanks, Licensed neobanks, Super-app neobanks, Consumer neobanks, Companies founded in 2015

**Toss** is a South Korean financial super-app operated by **Viva Republica**. It began as a peer-to-peer transfer service and expanded into banking, investing, insurance and credit. **Toss Bank**, its licensed internet bank, is a primary peer to [KakaoBank](/wiki/kakaobank).[^t1]

## History

Toss launched in 2015 popularising simple mobile remittances in Korea. Viva Republica later won an internet-bank licence for Toss Bank, extending the brand from payments into full deposit banking while the parent app remained a multi-product finance hub.[^t2]

## Founder

**Lee Seung-gun** founded Viva Republica / Toss and led its expansion from P2P transfers into one of Korea’s defining consumer fintech brands and a licensed internet bank.

## Toss Bank

Toss Bank holds a Korean internet banking licence. The Toss consumer app also distributes non-bank financial products, blending super-app distribution with a regulated deposit franchise—similar in structure to Kakao’s bank-plus-app ecosystem.

## Products

Products span P2P transfers, bank accounts, cards, loans, securities trading (Toss Securities), insurance shopping and bill management inside the Toss app.

## Infobox

- **Type**: Private (Viva Republica)
- **Founded**: 2015
- **Founder**: Lee Seung-gun
- **Headquarters**: Seoul, South Korea
- **Model**: Super-app / licensed internet bank

## Frequently asked questions

### What is Toss?

Toss is a South Korean fintech super-app; Toss Bank is its licensed internet bank competing with KakaoBank.

### When was Toss founded?

Toss was founded in 2015.

### Where is Toss headquartered?

Toss is headquartered in Seoul, South Korea.

### Who founded Toss?

Toss was founded by Lee Seung-gun.

### What type of company is Toss?

Toss is described as Super-app / licensed internet bank in its neobank.wiki profile.


## References

[^t1]: Toss is Viva Republica's Korean fintech super-app; Toss Bank is its internet bank. — https://toss.im/
[^t2]: Toss Bank operates as a licensed Korean internet bank. — https://www.tossbank.com/