# Toss expansion of financial services

> Live situation record from CLSTR: https://clstr.news/situations/toss-expansion-of-financial-services
> Updated: 2026-08-26T04:56:43.000Z. Sources: 2. Developments: 2.

Toss, operated by Viva Republica, is expanding its financial service offerings through strategic partnerships and a ‘super app’ strategy. 

In mid-August, Toss signed a memorandum of understanding with Kyobo Life Insurance to collaborate on a digital asset ecosystem. This partnership involves information exchange and joint proof-of-concept testing to integrate digital assets into insurance and broader financial sectors while maintaining regulatory compliance. 

By late August, Toss expanded its services into the credit sector through a partnership with Woori Financial Savings Bank. This collaboration introduced ‘VitaWON BIZ’, a non-face-to-face credit loan product for individual business owners. The product utilizes the ‘Toss SOHO Score’, an alternative credit evaluation model developed with Korea Evaluation Data (KoDATA) that integrates sales and cash flow data to assess repayment capabilities.

## Timeline

### 2026-08-26: Toss expands financial services through super app strategy

Toss is advancing its ‘super app’ strategy by launching exclusive small business loans with Woori Financial Savings Bank and consolidating its financial services under a single platform.

2 sources. https://clstr.news/cluster/toss-expands-financial-services-through-super-app-strategy

### 2026-08-12: Toss and Kyobo Life partner on digital asset services

Toss and Kyobo Life Insurance have partnered to develop digital asset-based financial services and establish regulatory-compliant standard models through joint technical verification.

2 sources. https://clstr.news/cluster/toss-and-kyobo-life-partner-on-digital-asset-services

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Cite as: Toss expansion of financial services. CLSTR, https://clstr.news/situations/toss-expansion-of-financial-services