Singapore's GIC, Sequoia China invest $40m in Korean fintech startup Viva Republica

Singapore's GIC, Sequoia China invest $40m in Korean fintech startup Viva Republica

Lee Seung-gun founder Viva Republica. Photographer: Jean Chung/Bloomberg

Singapore sovereign wealth fund GIC and venture investor Sequoia Capital China have together invested $40 million in the funding round of Seoul-based Viva Republica, the parent of financial services app Toss, as per an announcement on Monday.

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