South Korean fintech startup PeopleFund bags $11m Series B

The PeopleFund team at headquarters in Seoul, Korea (October 2018) Source: PeopleFund

South Korean fintech startup PeopleFund has raised $11 million in a funding round led by kakaopay corp, a subsidiary of internet firm Kakao, in what it claims is the largest Series B investment for a Korean P2P lending company.

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