The Novel, PayPal and Qualcomm-backed finance management app developer has boosted its valuation to $2.6bn and its overall funding to $530m.
Viva Republica, a South Korea-based peer-to-peer payment service backed by corporates Novel Group, PayPal and Qualcomm, secured $173m in funding today at a $2.6bn valuation, Caixin Global reported.
The round was co-led by venture capital firm round Sequoia Capital China according to Caixin, and included Aspex Management, Kleiner Perkins’ Digital Growth Fund, Altos Ventures, Goodwater Capital and Greyhound Capital.
Founded in 2011, Viva Republica operates a mobile app called Toss that helps users manage their finances, offering tools such as…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
