“A lot of challenger banks and neobanks are focusing on the banking experience, such as cards, so their main revenue source is interchange fees ... Toss is quite different because we already cover all that. We cover P2P payment, money transfer, cards and all sorts of services. So we are focusing on loans, unsecured loans, mortgages, all sorts of loans. We are going to use this vehicle to give the most competitive interest rates to users, and Toss Bank will not have a separate app, since we have super app strategy.” said SG Lee, Founder and CEO.

https://techcrunch.com/2021/06/22/viva-republica-developer-of-korean-financial-super-app-toss-raises-410m-at-a-7-4b-valuation/