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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
2015
Financial Services
101-250
1
1
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Seed
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.
Investment portfolio
1
0
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Investments
1
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Mar 27, 2022 | Akros Technologies | Artificial Intelligence (AI) | 3.8M |
Exits
0
Funding Timeline
1
17
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 Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Mar 27, 2022 | 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.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
- | No | Series C - PeopleFund | 20.0M |
CLSA Capital Partners | No | Series C - PeopleFund | 20.0M |
Bain Capital | Yes | Series C - PeopleFund | 20.0M |
500 Global | No | Series C - PeopleFund | 20.0M |
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 Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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