Toss Bank Becomes First Korean Company Selected for 'NextGen Tech 30'

Selected as One of Asia's Top 30 Innovative Companies by Global Investors and Technology Leaders
Toss Bank: "We Will Continue to Set New Standards in Finance and Strive for Global Recognition"

On the 16th, at the 'NextGen Tech 30' awards ceremony held at the Singapore Exchange (SGX), Jin Hyun Park, Chief Strategy Officer of Toss Bank (center), is taking a commemorative photo with officials. Toss Bank

Toss Bank has become the first Korean company to be selected for the 'NextGen Tech 30' 2025 list, earning recognition as a leading innovative technology bank in Asia. The announcement was made at an official event held at the Singapore Exchange (SGX) on September 16.

The NextGen Tech 30, announced at the official event at the Singapore Exchange (SGX) on the 16th, is Asia's first regional initiative that discovers and supports companies with innovation and growth potential. The program is organized by Granite Asia (formerly GGV Capital Asia) and is supported by global strategic partners such as Amazon Web Services, Google, and NVIDIA. Granite Asia is a leading multi-asset investment platform headquartered in Singapore, investing across the Asia-Pacific region including Southeast Asia, Japan, China, India, and Australia.

The judging panel included the former President of Google Asia, a partner from private equity fund KKR Asia, a managing director from Temasek, an advisor from GIC, and the head of equities at the Singapore Exchange (SGX), enhancing the fairness and authority of the selection process. Notably, Scott Beaumont, the former head of Google Asia-Pacific who served from 2019 to 2024 and possesses extensive experience in the Asian market and global partnership building, played a key role in evaluating the growth potential of Asian financial and technology companies during the selection process.

The selection criteria were: ▲ 'Innovation,' which refers to solving real-world problems through innovative approaches such as AI and digital tools; ▲ 'Growth,' which requires meeting at least one of the following conditions-annual revenue of over 20 million dollars, annual growth of over 50%, or more than one million monthly active users (for consumer AI companies); and ▲ 'Regional Presence,' which requires having headquarters in Asia or operating major businesses in the region.

Since its launch, Toss Bank has been leading a new direction in Korea's financial sector through differentiated and innovative services such as ▲ 'Receive Interest Now,' which pays daily interest even for one-day deposits, ▲ 'Safe Compensation Program,' where the bank directly compensates customers who are victims of financial fraud, and ▲ the launch of the first-ever lifetime free foreign currency account with no exchange fees among Korean banks. Being selected for the 'NextGen Tech 30' demonstrates that these achievements have been recognized on the global stage and confirms Toss Bank's status as a leading company in Asian innovative finance.

On September 16, Toss Bank participated in the awards ceremony at the Singapore Exchange and the Granite Asia networking event, where it engaged with global investors and leading Asian innovative companies to discuss potential collaborations.

A Toss Bank representative stated, "This selection is a testament to Toss Bank's innovation, rapid growth, and leadership in the Asian financial market," adding, "We will continue to set new standards in finance based on digital technology and strive to establish ourselves as a recognized innovative internet-only bank both domestically and globally."

This content was produced with the assistance of AI translation services.