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Builders in Fintech

PeopleFund

Builders in Fintech has recorded 2 equity rounds for PeopleFund, most recently a series c round of $63.4M on 1 December 2021.

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Products
Total raised
$74.4M · equity rounds with a stated amount
Last round
Series C · $63.4M · 1 December 2021 · led by Bain Capital

Timeline

  1. Funding round

    Series C · $63.4M · Bain Capital (lead), Goldman Sachs

  2. Funding round

    Series B · $11M · Kakao's (lead)

All funding rounds in the database

Product

Korean online investment-linked lending platform for loans and investing

Lending infrastructure

Markets: Korea, Republic of

Cple, formerly PeopleFund, is a licensed South Korean online investment-linked lending platform. Borrowers can apply for mortgage-backed loans, including second-lien loans when bank limits fall short, and fast unsecured personal credit, while retail investors fund those loans from as little as 5,000 won through a mobile app and receive monthly interest, with the company publishing monthly disclosures on returns.

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Description from the company website · Source

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