• Hagen brings a wealth of revel in from monetary funding industries from earlier roles as CEO of PayPal Make investments and co-founder/president of Best friend Make investments
• Hagen to jerk govern for reaching regulatory commendation for TSA Monetary LLC’s Dealer-Broker operations

SEOUL, South Korea, Nov. 11, 2024 /PRNewswire/ — Toss Securities, a fintech securities company with the most important data-driven funding platform in South Korea, has introduced the appointment of Richard J. Hagen, Jr (Affluent prosperous) as Prominent Government Officer (CEO) of its US subsidiary, TSA Monetary LLC. With this appointment, TSA Monetary LLC will start regulatory processes to be registered as a Dealer-Broker in the USA marketplace creation this life.

Previous in August, Toss Securities had established two US subsidiaries, Toss Securities Americas Inc. and TSA Monetary LLC. TSA Monetary LLC might be answerable for the corporate’s US Dealer-Broker trade operations. Upon receiving regulatory commendation and being registered as a Dealer-Broker, TSA Monetary LLC will play games a pivotal position in beneficial Toss Securities’ US securities brokerage trade and diversifying earnings streams.

Hagen is a seasoned skilled within the monetary funding sector, bringing over 30 years of management revel in in virtual monetary services and products to his fresh position at TSA Monetary LLC. Maximum just lately, he served because the CEO of PayPal Make investments, the place he explored alternatives within the shopper funding sector. Moreover, he co-founded and led Best friend Make investments (previously TradeKing, Inc.), specializing in virtual making an investment and funding advisory services and products.

“We are thrilled to welcome Richard to the Toss Securities team. The formation of TSA Financial LLC represents a pivotal step in expanding Toss Securities’ reach into global capital markets. Richard’s expertise in online brokerage, combined with his passion for innovation, makes him the perfect fit to lead the team into this exciting new chapter,” stated Kyungsoo(Peter) Kim, CEO of Toss Securities Americas Inc.

“Toss Securities has been a leader in retail investing innovation in Korea,” stated Hagen. “Expanding globally is a natural progression in Toss Securities’ strategic growth plans, and I look forward to collaborating with our talented team to broaden our reach and deliver even greater value to our clients.”

Profile 

* Revel in

• Paypal Make investments, CEO (2021-2023)
• Best friend Make investments, Co-founder & CEO (2005-2019)
• H&R Stop Monetary Advisors, Head of On-line Brokerage (2004-2005)
• FOLIOfn, Vice President of Retail Brokerage (2001-2002)
• SURETRADE, Co-founder & CEO (1997-2001)

* Schooling

• Lengthy Island College Southampton / Bachelor of Science – Trade and Advertising and marketing

About Toss Securities

Toss Securities, a subsidiary corporate of Viva Republica, which operates the monetary tremendous app Toss, introduced its customer support in March 2021. As a newly approved securities corporate later 13 years, it supplies user-centered services and products with UX/UI optimized for the cell circumstance. Specifically, it’s the first within the business to introduce an built-in account provider that permits shoppers to very easily business a couple of monetary tools from one account with out putting in a free app, and as of October 2024, greater than 6.3 million shoppers have impaired Toss Securities. Per month Energetic Customers (MAU) succeed in over 3.3 million to hour. Along with real-time in a foreign country fractional hold buying and selling, the corporate deals a lot of services and products corresponding to people and custom designed content material and is evolving right into a data-driven funding platform.

SOURCE Toss Securities

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