About PeopleFund (크플)
PeopleFund (크플) is a company based in Seoul (South Korea). It operates as a Peer-to-Peer (P2P), and FinTech. PeopleFund (크플) has raised $105.1 million across 8 funding rounds from investors including Goldman Sachs, Kakao Pay and Bain Capital. PeopleFund (크플) offers products and services including Online Investment and Online Loans. PeopleFund (크플) operates in a competitive market with competitors including KoinWorks, Lufax, CreditEase, Mintos and Bondora, among others.
- Headquarter Seoul, South Korea
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name People Fund Company Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105.1 M (USD)
in 8 rounds
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Latest Funding Round
$20 M (USD), Series C
Jan 18, 2023
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Investors
Goldman Sachs
& 13 more
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Employee Count
Employee Count
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Products & Services of PeopleFund (크플)
PeopleFund (크플) offers a comprehensive portfolio of products and services, including Online Investment and Online Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online investment platform is offered for easy access.
Online loans are provided for diverse financial needs.
Unlock access to complete
Funding Insights of PeopleFund (크플)
PeopleFund (크플) has successfully raised a total of $105.1M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in January 2023. 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $20.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series C - PeopleFund (크플) | Valuation | Bain Capital | |
| Jun, 2022 | Amount | Debt – Conventional - PeopleFund (크플) | Valuation |
investors |
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| Nov, 2021 | Amount | Series C - PeopleFund (크플) | Valuation | Bain Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PeopleFund (크플)
PeopleFund (크플) has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Kakao Pay and Bain Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Debt and equity investments are pursued across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Venture capital is directed toward software, fintech, and commerce sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PeopleFund (크플)
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PeopleFund (크플)
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Peoplefund (크플) Comparisons
Competitors of PeopleFund (크플)
PeopleFund (크플) 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 KoinWorks, Lufax, CreditEase, Mintos and Bondora, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of a P2P lending platform
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| domain | founded_year | HQ Location |
Personal loans are connected via an online P2P lending platform.
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| domain | founded_year | HQ Location |
Financial services in wealth management and microcredit loans are offered.
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| domain | founded_year | HQ Location |
P2P marketplace for consumer and business loans
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| domain | founded_year | HQ Location |
Online P2P marketplace for consumer and business loans
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| domain | founded_year | HQ Location |
Developer of online P2P marketplace for commercial real estate and business loans
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PeopleFund (크플)
Where is PeopleFund (크플) located?
PeopleFund (크플) is headquartered in Seoul, South Korea.
Is PeopleFund (크플) a funded company?
PeopleFund (크플) is a funded company, having raised a total of $105.1M across 8 funding rounds to date. The company's 1st funding round was a Series C of $63.4M, raised on Jun 01, 2015.
What does PeopleFund (크플) do?
PeopleFund, operating as a prominent P2P financial platform in South Korea, is focused on online investment and lending services. Various investment products are offered to widen user choices, with easy mobile access starting from small amounts. The platform is noted for its risk management strategies and has been highlighted by global media like Bloomberg and CNBC. Recognition has been received in the form of awards such as the Prime Ministers Commendation and the IFLR APAC Awards for innovative financial deals. The company is headquartered in Seoul and collaborates with strategic partners to enhance its fintech solutions.
Who are the top competitors of PeopleFund (크플)?
PeopleFund (크플)'s top competitors include Bondora, Lufax and CreditEase.
What products or services does PeopleFund (크플) offer?
PeopleFund (크플) offers Online Investment and Online Loans.
Who are PeopleFund (크플)'s investors?
PeopleFund (크플) has 14 investors. Key investors include Goldman Sachs, Kakao Pay, Bain Capital, CLSA Capital Partners, and 500 Global.