P2P Lending Platform Peoplefund Raises $20M Series C Extension Led By Bain Capital
Amount Raised
$20 Million
Round Type
Series C
SeoulFinancial ServicesSoftwareInvestors
Description
PeopleFund, a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million Series C.
Quick answer
PeopleFund raised $20 Million in a Series C round, dated January 18, 2023. Investors: Clsa Lending Ark Asia, Goldman Sachs, Ibx Partners, Tbt Partners, Kakao Investment, 500 Global, D3 Jubilee Partners and Clsa Capital Partners Lending Ark Asia. PeopleFund is based in Seoul, Seoul, South Korea.
- How much did PeopleFund raise?
- PeopleFund raised $20 Million in a Series C round on January 18, 2023.
- Who invested in PeopleFund?
- Clsa Lending Ark Asia, Goldman Sachs, Ibx Partners, Tbt Partners, Kakao Investment, 500 Global, D3 Jubilee Partners and Clsa Capital Partners Lending Ark Asia are named as investors in this round.
- What does PeopleFund do?
- Founded in 2015, PeopleFund is Korea's leading data-driven digital lender focused on consumer finance.
- Where is PeopleFund based and how big is it?
- PeopleFund is based in Seoul, Seoul, South Korea.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as PeopleFund that raised within 45 days of this round, from Fundz verified event records.
- Kita raised $4.8M (Seed) on February 22, 2023.
- Scrut Automation raised $7.5M (Funding Round) on February 22, 2023.
- Scrut Automation raised $7.5M (Funding Round) on February 21, 2023.
- Lunar raised $38M (Funding Round) on February 9, 2023.
- Faro raised $20M (Funding Round) on February 8, 2023.
- Conquest Planning raised $18M (Series A) on February 8, 2023.
Who to call at PeopleFund, and when
A new round usually means PeopleFund is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PeopleFund raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PeopleFund, from your own LinkedIn network
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Fundz sees it the moment PeopleFund raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
PeopleFund raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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