South Korea’s Toss Expansion Playbook: Australia, Stablecoin, Wall Street
Hey FinTech Fanatic!
South Korea’s unicorn Toss is lacing up for a global run — literally.
After conquering its home market with 30M+ users, the FinTech is setting its sights abroad, starting with Australia. CEO (and ex-dentist) Lee Seung-gun says the same playbook that let Toss go toe-to-toe with Korea’s banking giants can work in markets where people juggle multiple accounts and apps.
Australia’s open banking rules + fragmented system = prime ground for Toss’s one-stop super-app. First up: P2P transfers by year-end, with Singapore as a hub and even a won-based stablecoin in the works.
And don’t forget the IPO finish line: Toss is aiming for a $10B–$15B U.S. listing in 2026, potentially the biggest Korean debut since 2021.
Speaking of runs — tonight’s FinTech Running Club meetup kicks off in Amsterdam’s Vondelpark at 6:30 PM.
If Toss can sprint into new markets, we can at least keep pace around the park 😉 Hope to see some of you there!
Cheers,
INSIGHTS
📊 Stablecoin Wars: Big Moves from Stripe, Visa, Mastercard & BVNK
FINTECH NEWS
🏃➡️ From 2 friends to 22 runs this September, the FinTech Running Club has grown into a global movement across 18+ cities. Whether you're in it for the miles, the connections, or just the vibes, there’s a run for you. Check out the schedule, find your city, and join us. Let’s keep growing, one sprint at a time.
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DIGITAL BANKING NEWS
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BLOCKCHAIN/CRYPTO NEWS
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PARTNERSHIPS
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DONEDEAL FUNDING NEWS
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M&A
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MOVERS AND SHAKERS
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