Toss Securities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A total of 21 brokerage firms have declared their intentions to participate in the alternative trading system (ATS) market expected to launch in the first quarter of 2025, Nextrade announced Sunday.

Webull Corporation, a prominent US-based online stock trading platform, has initiated preliminary operations to establish its presence in South Korea. Speculation surrounding the debut of the New York-headquartered company's services rose recently following reports indicating Webull's engagement with local financial regulators to secure related licenses for domestic operations. Citing Webull Korea Prelimina...

Toss Securities saw its first profitable year since it started service three years ago by logging 1.53 billion won ($1.15 million) in net profit last year, it said on Thursday. Sales rose by 58 percent on year to 202 billion won in the same period, with the operating loss narrowed by 31.3 billion won to 900 million won. The firm attributed its first profitable year to transaction volume expansion, which led to improv...

Viva Republica, the operator of financial technology app Toss, has kicked off procedures for an initial public offering, having selected lead underwriters. Securities firms estimate that the company's valuation could reach up to 20 trillion won ($15.1 billion). Viva Republica selected crosstown rivals in the local IPO market -- Korea Investment & Securities and Mirae Asset Securities -- as the lead underwrit...

Major securities firms that have recently been preparing proposals to be selected as lead underwriters of Toss' IPO plan have assessed the financial super app company's corporate valuation of around 15 to 20 trillion won ($11-15 billion). But a growing number of criticis are pointing out that the valuation is exaggerated, considering the fintech firm's substantial losses.