Tech Company Financing Transactions
Korea Credit Data Funding Round
Morgan Stanley Tactical Value invested in a $75.7 million venture round for Korea Credit Data. This venture round was announced on 8/24/2023.
Transaction Overview
Company Name
Announced On
8/24/2023
Transaction Type
Venture Equity
Amount
$75,700,000
Round
Undisclosed
Investors
Morgan Stanley Tactical Value (Lead Investor)
Proceeds Purpose
KCD's bookkeeping app, Cash Note, which enables small business owners to track their comprehensive cash flow, including revenue, credit card sales and expenditures, is the company's main service. Merchants using Cash Note total about 1.3 million, accounting for more than half its entire 2 million registered users, according to KCD.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
10th floor, 127 Teheran-ro
Gangnam-gu, Seoul, Undisclosed
KR
Gangnam-gu, Seoul, Undisclosed
KR
Phone
Website
Email Address
Overview
We help make the whole process of starting, running and growing a business easy. Connect your data to see the information you need at a glance and make informed decisions. The cumbersome and complex tasks are made easy, allowing all operators to focus on the core of their business. We are creating a world where everyone can enjoy the benefits of technology at every moment of business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kelvin Kim
Co-Founder
Lee Seong-ho
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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