[Infostock Daily= Reporter Lee Kang-wook] The Financial Services Commission held a regular meeting on June 18 and decided to approve the preliminary approval of the financial investment business of the Toss Preparation law Corporation.
It was only nine months since I applied for preliminary authorization in June.
Toss Preparation law Corporation will now change its name to 'Toss Securities' when it receives its own approval from the Financial Services Commission and start full-scale operations.
The capital is 32 billion won. Park Jae-min, a business director of the Viva RePublica business, will be the representative of the Toss Preparation law Corporation.
full authorization must apply with the requirements of the Financial Services Commission within the next six months.
Therefore, Toss Securities is expected to be made in the second half of this year.
When Tos Securities is established, the second PinTech brokerage will be born after Kakao Pay Securities, which acquired Investment & Securities this year and entered the securities industry.
Toss Preparation law Corporation is said to have promoted the establishment of a mobile-only securities company without a branch office. Toss Preparation law Corporation is a strategy to focus on asset management services that introduce funds and financial investment products.
To this end, the company plans to establish a mobile trading system (MTS) to start domestic stock brokerage services.
The Toss Preparation law Corporation is also planning to link with the Internet bank Toss Bank, which is currently preparing to establish.
Reporter Lee Kang-wook gaguzi@naver.com
