Toss to launch brokerage unit next year, targeting 20s, 30s
Nov 19, 2020
South Korea’s leading fintech startup Viva Republica is set to launch a mobile brokerage unit in the first half of next year as it received operational approval from the financial regulator. Named Toss Securities, the envisioned brokerage is the first local securities firm to be set up in 12 years. IBK Securities and KTB Investment & Securities were so far the last two that jumped into the market in 2008. Toss Securities aims to offer brokerage services for the local stocks first