Tech Company Financing Transactions
PeopleFund Funding Round
On 1/18/2023, PeopleFund raised $20 million in Series C funding from Bain Capital Ventures, 500 Global and Access VC.
Transaction Overview
Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Investors
Proceeds Purpose
PeopleFund plans to use its new capital to continue to advance its AI-powered risk management and credit scoring system for its users, which includes borrowers and lenders. On top of that, the startup aims to launch a B2B service this year to provide AI-enabled customized credit scoring system services to financial institutions.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
16th floor of The Asset 14 Seocho-daero 74-gil Seocho-gu
Seoul, Undisclosed
South Korea
Seoul, Undisclosed
South Korea
Phone
Undisclosed
Website
Email Address
Overview
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Management Team
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