About HonestFund
HonestFund is a company based in Seoul (South Korea) founded in 2015 by Sanghoon Seo. HonestFund has raised $29.06 million across 4 funding rounds from investors including Shinhan Bank, Shinhan Financial Group and Hanwha. HonestFund operates in a competitive market with competitors including LoanSnap, Kiavi, MT Finance, One Savings Bank and Certain Lending, among others.
- Headquarter Seoul, South Korea
- Founders Sanghoon Seo
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Honest Fund Co., Ltd.
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Annual Revenue
$4.52 M (USD)-31as on Dec 31, 2022
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$29.06 M (USD)
in 4 rounds
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Latest Funding Round
$3.79 M (USD), Series C
Jan 11, 2024
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Investors
Shinhan Bank
& 9 more
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Employee Count
Not available
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People of HonestFund
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Funding Insights of HonestFund
HonestFund has successfully raised a total of $29.06M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $3.79 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in HonestFund
HonestFund has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Shinhan Bank, Shinhan Financial Group and Hanwha.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm backed by Dunamu
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Locked | Locked | Locked | |
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Venture capital fund investing in early-stage tech startups
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Locked | Locked | Locked | |
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VC firm for seed to growth-stage firms
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Locked | Locked | Locked |
Investor details for HonestFund
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Investments & Acquisitions by HonestFund
Investment portfolio details for HonestFund
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Financial Statements - HonestFund
Detailed financials for HonestFund
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Honestfund Comparisons
Peer comparison for HonestFund
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of HonestFund
HonestFund operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LoanSnap, Kiavi, MT Finance, One Savings Bank and Certain Lending, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online marketplace for residential & commercial mortgage loans
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| Locked | Locked | Locked |
Residential and commercial mortgages are connected via an online marketplace.
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| Locked | Locked | Locked |
Diversified lending NBFI
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| Locked | Locked | Locked |
Provider of an online marketplace for mortgage loans
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| Locked | Locked | Locked |
Online P2P platform for real estate lending is facilitated.
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| Locked | Locked | Locked |
Provider of home financial services
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Detailed competitors of HonestFund
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Honestfund
Complete news archive for HonestFund
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Frequently Asked Questions about HonestFund
HonestFund was founded in 2015.
HonestFund is headquartered in Seoul, South Korea.
Sanghoon Seo is the current CEO of HonestFund. They have also founded this company.
HonestFund is a funded company, having raised a total of $29.06M across 4 funding rounds to date.
Annual revenue of HonestFund is $4.52M as on Dec 31, 2022.
HonestFund was established in 2015 in Seoul, South Korea, within the fintech sector. Operations focus on a B2C platform that connects users to unsecured personal loans and small business loans. Short-term interest rate loans are sourced from commercial banks and large financial institutions. Additional services encompass personal credit options, including real estate project financing, mortgage loans, non-performing loan secured products, and supply chain finance bond investments.
HonestFund's top competitors include LoanSnap, Kiavi and MT Finance.
HonestFund has 10 investors. Key investors include Shinhan Bank, Shinhan Financial Group, Hanwha, KB Investment, and Jinwon.