Toss Stock Price, Valuation & IPO
Last updated on 21 October 2026Toss is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Source: AXEVIL investment team
Toss
Toss (Viva Republica) is South Korea's financial super-app — banking, brokerage, payments, and insurance on one customer base of 30 million+ users. 2025 was a record year: $1.8B in revenue (+38% YoY) and $134M in net profit (9.5x 2024), with operating margin at 12.5%. It's preparing a US IPO in H2 2026.
Key Metrics Dynamic
See the performance of Toss's key metrics, based on real market data.
Funding rounds
Key highlights
Where Toss stands today across technology, financials and market traction.
Record 2025 profit makes the IPO case.
Toss 2025 was its second profitable year, and profit accelerated sharply: net profit of $134M (9.5x 2024), with operating margin at 12.5% versus 4.6% in 2024. Profitability plus 38% revenue growth is a rare combination that makes Toss a premium public-market asset.
FacePay and the TOSSKRW stablecoin are new growth verticals.
FacePay reached 1 million users in a year, and Toss Place has 260,000 terminals (about 11% of the market). At the same time, Toss is building an L1/L2 blockchain and a Korean-won stablecoin (24 registered trademarks, partnerships with KB Financial and Samsung Card) — regulation on digital assets could pass as early as 2026.
PayPay's precedent opens an IPO window in H2 2026.
PayPay's March 2026 Nasdaq listing at a $10.7B valuation (+19% on day one) proved US investors will pay up for Asian fintechs. Toss shows faster revenue growth (+38% vs. +29%) and is expanding margins more quickly, and is considering a dual listing in the US and Seoul.
The Web3 initiative adds optionality.
Toss is building its own L1 blockchain and a TOSSKRW stablecoin (24 trademarks as of April 2026). Rolling it out to a 30-million-user base would make Toss one of Asia's largest fintech platforms, and a successful launch would be a standalone driver of valuation growth.
News
Frequently Asked Questions
Not on a public exchange — Toss is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
A private company has no single official share price. AXEVIL's consensus estimate is $51.50 per share as of 3 December 2024. Its most recent round implied a post-money valuation of $7B (December 2022).
Toss's most recent funding round valued the company at $7B post-money (December 2022) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
No. Toss is a private company and its shares are not listed on any public exchange.
No. Toss has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure and data sources
Secondary-market prices and investment round data on this page, current and historical, are based on publicly available information and on data from market participants, and are provided for informational purposes only. Axevil Capital strives for accuracy; all prices and valuations are approximate and may fluctuate significantly due to low liquidity and limited access to information. The secondary market for private company shares is illiquid and does not guarantee the ability to buy or sell shares at the displayed price.
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.
Axevil Capital, LLC is a Delaware limited liability company (registration No. 6832739) operating as an investment adviser relying on an exemption from registration, filed with the SEC as an Exempt Reporting Adviser (SEC file No. 802-126907; CRD No. 323970). ERA status means the Company files reports with the SEC but is not a registered investment adviser. The Company is not a broker-dealer and is not a member of FINRA or SIPC.