Peoplefund
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Peoplefund

https://www.peoplefund.co.kr/
Last activity: 17.01.2023
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Mentions
12
Location: South Korea, , Seoul
Employees: 51-200
Total raised: $95.2M
Founded date: 2015

Investors 1

Funding Rounds 3

DateSeriesAmountInvestors
17.01.2023Series C$20MBain Capit...
30.11.2021Series C$64.2M-
02.11.2018-$11M-

Mentions in press and media 12

DateTitleDescription
17.01.2023P2P lending platform PeopleFund raises $20M Series C extension led by Bain CapitalPeopleFund, a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million Series C. Existing backer Bain Capital led the extension, with participation from previous i...
03.12.2021Leading Korean Online Lending Platform, PeopleFund Raises KRW 75.9 Billion Series C Funding led by Bain CapitalLargest amount raised among all lending platforms focused on consumer loans in Korea Funding from global financial institutions, including Bain Capital, Lending Ark Asia Secured Private Debt Fund, 500 Global Goldman Sachs to obtain equity e...
30.11.2021Korea’s P2P lending startup PeopleFund gets $63.4M Series C led by Bain CapitalSouth Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 million (75.9 billion won) Series C round led by Bain Capital with participation from Goldman Sachs. Returning investors in the round inc...
09.06.2020South Korea’s Rapidly Growing P2P Lending Industry Faces ScrutinyWith a mushrooming delinquency rate and investment fraud allegations, South Korea’s rapidly growing peer-to-peer (P2P) lending industry has come under scrutiny.
09.09.2019South Korean financial group Shinhan launches accelerator in IndonesiaShinhan Financial, one of South Korea’s four biggest financial groups, launched a branch of its accelerator program “Shinhan Future’s Lab” in Indonesia today. The program is run in collaboration with the country’s biggest co-working space o...
20.02.2019Top 10 Fintechs in South KoreaSouth Korea’s fintech industry remains small compared to the likes of China or Singapore but the sector is expected to grow significantly in the years to come supported by the government’s commitment to boost development and establish a fav...
02.11.2018Top tech startup news stories you need to know this Friday, November 2Good morning! Here are some of the top tech startup news stories for today, Friday, November 2. Expedia acquires 2 venture-backed hospitality startups, Pillow and ApartmentJet. Expedia has acquired venture-backed hospitality startups Pillo...
02.11.2018Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unitSouth Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round that was led by Kakao Pay, the fintech division of Kakao, Korea’s top messaging firm. The deal comes as the co...
16.09.2017Top 10 Fintech Startups in South KoreaFintech has become a hot topic in South Korea, fueled by the government’s ambition to position the country as a center for tech companies and a commitment of US$230 million to help foster startups, and driven by the financial services secto...
10.10.2016Open Bank Project & JB Financial Group Launch a Global FinTech HackathonIn the first global hackathon devoted to the banking industry of South Korea, the JB Financial Group, 2e & TESOBE/Open Bank Project are proud to announce the BiSang hackathon (‘Quantum Leap’ in Korean) aimed at global start-ups, develop...
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