PeopleFund

PeopleFund

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Investment Firm

Overview

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.

Highlights

Founded

2015

Industry

Financial Services

Employees

101-250

Investment

1

Lead Investment

1

Exits

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Stages

Seed

Investor Type

N/A

Location

Asia

Contact Information

Social

Profile Resume

PeopleFund, established in 2015 and headquartered in Asia., specializes in Seed investments across Artificial Intelligence (AI), Machine Learning, Asset Management. Their recent investments include Akros Technologies. The highest investment round they participated in was $45.6M. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Joey Kim

Joey Kim

CEO & Founder

imagePlace SeomGi Han

SeomGi Han

Software Engineer

imagePlace Soohwan Lee

Soohwan Lee

CSO (Chief Strategy Officer)

imagePlace Jiwon Park

Jiwon Park

Head of Growth Marketing

imagePlace Jihoon Kim

Jihoon Kim

Sales Management

imagePlace Minkyung Kim

Minkyung Kim

Operation

Investment portfolio

PeopleFund has made 1 investments. Their most recent investment was on Mar 27, 2022, when Akros Technologies raised $3.8M.

investments

1

Diversity investments

0

Lead investments

1

Number of exits

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Investments

1

Annouced DateOrganization NameIndustryMoney Raised
Mar 27, 2022
Akros Technologies Akros Technologies
Artificial Intelligence (AI)3.8M

Exits

0

Funding Timeline

Funding rounds

1

Investors

17

Funds

0

Funding Rounds

1

PeopleFund has raised 1 rounds. Their latest funding was raised on Mar 27, 2022 from a Seed Round - Akros Technologies round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Mar 27, 2022
Seed Round - Akros Technologies Seed Round - Akros Technologies
-3.8M-

Investors

34

PeopleFund is funded by 34 investor(s). 500 Global and Bain Capital Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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