The Novel Group, PayPal and Qualcomm-backed digital financial services provider was valued at $7.4bn in its latest funding round.
Viva Republica, a South Korea-based digital banking app developer which counts corporates Novel Group, PayPal and Qualcomm as investors, has raised $410m at $7.4bn post-money valuation, TechCrunch reported yesterday.
Investment firm Alkeon Capital Management led the round, while Korea Development Bank, growth equity firm Greyhound Capital and venture capital firm Altos Ventures also took part.
Founded in 2011, Viva Republica operates a mobile-based platform called Toss which provides a range of financial services including money management tools, credit score checks…
