Goldman Sachs and CLSA were among the investors that provided $63.4m to take the online lending marketplace's total funding to over $83m.
South Korea-based peer-to-peer lending marketplace PeopleFund has raised $63.4m in series C funding from investors including investment bank Goldman Sachs, TechCrunch reported yesterday.
Private equity firm Bain Capital led the round, which also featured wealth management firm CLSA’s Lending Ark Asia subsidiary and venture capital firm 500 Global. It increased the company’s total funding to approximately $83.6m.
Founded in 2015, PeopleFund runs a peer-to-peer lending marketplace providing personal and business loans. Capital from the round will be used to hire…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
