Toss Bank announced a private placement of 4,500,000 common shares and 1,500,000 convertible shares for aggregate gross proceeds of KRW 30,000,000,000 on October 22, 2021. The transaction will include participation from Hanwha Investment & Securities Co., Ltd. The transaction has been approved by board of directors of the company. The payment date for the transaction is October 28, 2021.