Swiss financial leaders seek insight into Korea's fintech market during Toss Bank visit

Financial leaders from Switzerland visited Toss Bank's headquarters in Seoul to learn about the innovations and achievements of Korea's internet-only banks, Toss Bank said Thursday. The online-only lender said the Swiss delegation, consisting of 18 members, was welcomed by Toss Bank employees, including CEO Rhee Eun-mi, Wednesday. Composed of C-level executives from major Swiss cantonal banks, the group represents key leaders in the country's financial ecosystem. Switzerland has 26 cantonal banks, each established by its respective cantonal government to support the local economy and financial infrastructure. Their visit to Toss Bank was organized by the Embassy of Switzerland in Korea, in partnership with Swisscom, a leading Swiss ICT company. During the visit, Toss Bank shared its progress in digital innovation and efforts to expand customer accessibility since its launch in 2021. The presentation highlighted the bank's products and services, technology-driven risk management and inclusive approaches for financially underserved groups. The delegation also inquired about the competitive