Fundz

Toss to acquire Japan's Cheer Securities

PRIVATEOct 30, 2026

Acquiring Company

Viva Republica

Acquired Company

Cheer Securities

South KoreaJapanFinancial ServicesFinanceLending

Description

Viva Republica, operator of Toss, is pursuing the acquisition of Japanese online brokerage Cheer Securities. Parent Tokai Tokyo Financial Group approved the proposal at a board meeting on October 30 to sell all of Cheer Securities' shares. The deal is subject to regulatory approvals and other conditions in Japan that remain to be met.

Who to call at Viva Republica, and when

When Viva Republica changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

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Company Information

Company

Viva Republica

Location

South Korea

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Frequently asked

Who acquired Cheer Securities?

Cheer Securities was acquired by Viva Republica, based in South Korea. The deal was reported on October 30, 2026. Viva Republica is privately held.

When did Viva Republica acquire Cheer Securities?

Viva Republica's acquisition of Cheer Securities was reported on October 30, 2026. Viva Republica, operator of Toss, is pursuing the acquisition of Japanese online brokerage Cheer Securities. Parent Tokai Tokyo Financial Group approved the proposal at a board meeting on October 30 to sell all of Cheer Securities' shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cheer Securities do?

Cheer Securities is a Japanese online brokerage established in November 2019 by Tokai Tokyo Financial Group. It is the smartphone-based brokerage subsidiary of Tokai Tokyo Financial Holdings. It is privately held, operating in Financial Services, and is based in Japan.

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