PeopleFund is Korea's leading digital lender focused on consumer finance.
Founded in 2015, PeopleFund is Korea's leading data-driven digital lender focused on consumer finance. Our mission is to give financial freedom to all consumers through more affordable loans and better investment opportunities. Leveraging its proprietary, data-driven credit model and eliminating inefficiencies with technology, PeopleFund delivers better loan rates for borrowers while maintaining an industry low loss rate to benefit retail and institutional investors. PeopleFund is the first digital lender in Korea to surpass $1B in loan originations and has provided an innovative way to invest to nearly 400,000 retail investors. It is notably the first fintech platform to offer loan and investment products directly on KakaoTalk, Korea's equivalent of WhatsApp. To date, PeopleFund has completed its Series C round of funding with a total of $63.4M of equity capital raised. For more information, visit www.peoplefund.co.kr.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 30, 2021 | Series C | $63.40M | 1 | — | — | Detail |
Jul 27, 2021 | Series Unknown | — | 1 | — | — | Detail |
Mar 23, 2021 | Series Unknown | — | 1 | — | — | Detail |
Aug 28, 2020 | Series B | — | 1 | — | — | Detail |
Apr 22, 2020 | Series Unknown | — | 1 | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Mar 27, 2022
Akros Technologies
|
Seed | $3.80M | Artificial Intelligence | Yes |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Kakao Investment | Yes | Series B |
500 Global | — | Series C |
Shinhan Invest | — | Series B |