Viva Republica (hereinafter referred to as “Viva”) is a South Korean fintech company founded in 2013 by CEO Seung Gun Lee. It is the operator of the mobile payment platform, Toss. Viva has around 200 employees and its headquarters is located in Seoul, South Korea.
Date of Foundation | Industry | Country | Founder | Product/Business | Number of Employees | Location of Headquarters | Company Website |
---|---|---|---|---|---|---|---|
2013 | Fintech | South Korea | Seung Gun Lee | Toss | 200 | Seoul, South Korea | https://viva.com/ |
Viva Republica is a South Korean fintech company that operates the mobile payment platform, Toss. Toss is a mobile payment platform that allows users to pay for goods and services without having to enter their bank account information. Instead, users can simply scan a QR code to make payments. The platform also allows users to transfer money to other users and to make payments to merchants.
Viva also offers an online marketplace called Viva Market, which allows users to buy and sell items such as clothing, electronics, and household items. The platform also has a rewards program that allows users to earn points for making purchases, which can be redeemed for discounts and other rewards.
Viva Republica was founded in 2013 by CEO Seung Gun Lee. Lee had previously worked at Samsung Electronics and had founded the mobile payment platform, Toss, in 2012. In 2014, Viva launched Toss, its mobile payment platform, and in 2015, it launched Viva Market, its online marketplace.
In 2018, Viva launched Toss Global, which allowed users to make international payments. The same year, Viva also launched its rewards program, which allowed users to earn points for making purchases.
In 2020, Viva launched its banking service, Toss Bank, which allowed users to open bank accounts and manage their finances.
Viva Republica is committed to providing a safe and healthy work environment for its employees. The company has implemented several measures to ensure the safety and wellbeing of its employees, including providing health and safety training, conducting regular safety audits, and providing access to mental health resources.
Viva also provides its employees with a range of benefits, including flexible working hours, paid vacation, and health insurance. The company also provides its employees with opportunities for professional development and career advancement.
Viva Republica is committed to promoting environmental, social, and corporate governance (ESG). The company has implemented several measures to reduce its environmental impact, including transitioning to renewable energy sources and reducing waste.
The company is also committed to promoting social responsibility by supporting local charities and providing access to financial services for underserved communities. Viva also works to ensure that its corporate governance practices are transparent and ethical.
Viva Republica operates the mobile payment platform, Toss, which allows users to make payments without having to enter their bank account information. The platform also allows users to transfer money to other users and to make payments to merchants.
Viva also operates the online marketplace, Viva Market, which allows users to buy and sell items such as clothing, electronics, and household items. The platform also has a rewards program that allows users to earn points for making purchases, which can be redeemed for discounts and other rewards.
Viva also operates Toss Bank, which allows users to open bank accounts and manage their finances.
Viva Republica utilizes a variety of technologies to power its services. The company utilizes machine learning algorithms to analyze user data and improve the accuracy of its services. The company also utilizes blockchain technology to ensure the security and reliability of its services.
Viva Republica is a member of the South Korean Fintech Association (KFTA). The association is a non-profit organization that works to promote the development of fintech in South Korea.
Viva Republica has faced criticism for its lack of transparency in its corporate governance practices. In 2018, the company was fined by the South Korean government for failing to disclose information about its corporate governance practices.
Viva Republica has been featured in several media outlets, including the Wall Street Journal, Forbes, and TechCrunch. The company has also been recognized for its innovation, having been named one of the “50 Most Innovative Companies” by Fast Company in 2020.