South Korean fintech company Toss plans to expand globally, starting with Australia, with the goal of issuing a South Korean won
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最新报道：According to Reuters on September 9th, South Korean fintech unicorn Toss plans to launch its "one-stop" financial app in Australia this year and expand to other markets. Toss founder and CEO Lee Seung-gun said the company plans to issue a stablecoin denominated in the Korean won once regulations allow. "We demonstrated in Korea that startups can compete head-on with established companies, and a similar model can work globally," he said in an interview on Tuesday. The company has established a branch in Australia and plans to launch core services such as peer-to-peer transfers by the end of the year. The company is also evaluating other regions and is targeting Singapore as its primary regional hub. Reuters reported in July that Toss plans to go public in the United States in the second quarter of 2026 at a valuation exceeding $10 billion. Some market observers suggest its valuation could exceed $15 billion, making it the largest US IPO by a South Korean company since 2021.
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