Saturday, March 11, 2017

Easy transfer 'toss' Republica Vary, PayPal deungseo 55 billion won investment



[Korea financial newspaper goyounghun News] easy transfer 'toss' developer Vary Publicis car PayPal, Bessemer Ventures Partners, has attracted the Good Water Capital, Altos Ventures, Patek 55 billion won investments from investment consortium Ventures, including 11 days He said.

With convenient remittance services to ensure the most number of users in the country is expected to offer a variety of financial products including financial services, life compare, asset management, credit management within the toss.

Toss in advance remittance is completed in seconds deungrokhae can leave your bank account is a simple transfer of domestic assistance services. According to the Bank of Korea, the electronic payment service usage statistics show the market share of approximately 95% of all transactions based on the number of domestic and easy money transfer service, remittance topped 3 trillion won last month and a cumulative 600 million downloads. Last year, the bar has conducted business agreement with NH Investment & Securities.

PayPal has secured around the world had 200 million unique users around the mobile payment sector has been strengthened with the recent works such as Facebook Messenger and billing traditionally kept on a lead line payment.

Vary Republica has a variety of financial services based on the user's life by ensuring the quick transfer and expand the service area. After having introduced a unified user account lookup service that last year all accounts held within the toss can be viewed, managed to set goals and once launched a mission account the ability to raise money.

Yiseunggeon Vary Republica representatives' mint (asset management), Credit Karma (credit management), as international practices and benmo (simple transfer), including pin-tech services in non-financial institutions are responsible for an important axis in financial life, and toss through this investment, has secured a partner which can grow to mobile services that meet the diverse financial needs, he said.



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