| Founded | 2021 |
|---|---|
| Closed | 2022 |
| Country | South Korea |
| Sector | Fintech |
| Collapse type | Mass Layoff Spiral |
| Founder | Lee Seung-gun |
Toss Securities (near-collapse)
"Korea's super-app darling built a brokerage too fast and nearly took down the whole empire."
Cascading layoffs that accelerated the decline
Key Events Timeline
Toss Securities, launched by Viva Republica CEO Lee Seung-gun in January 2021, acquired 3 million accounts in 100 days by offering fractional US stock trading.
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