Honest Fund
Honest Fund is a fintech company in Seoul, South Korea, founded in 2015. It has raised $16.3M across 2 rounds, most recently a $5.4M Series A in September 2016.
More honest financial platform powered by finance and IT
- Headquarters
- Seoul
- Employees
- 51–200
- Founded
- 2015
- Business Model
- Marketplace
- Website
- honestfund.kr
- Total Funding
- $16.3M
- Last Round
- $5.4M Series ASep 2016
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
HonestFund (어니스트펀드) is a South Korean fintech company operating one of Korea's leading online P2P lending and alternative investment platforms. Founded in 2015, the company uses a proprietary credit assessment model based on big data to provide lower-interest loans to borrowers while connecting them with individual and institutional investors seeking above-market returns. The platform offers a wide range of investment products including real estate mortgage loans, construction project finance (PF), corporate credit bonds, and personal credit loans. Registered with South Korea's Financial Services Commission as an official online investment-linked financial company (온투업), HonestFund has attracted over 400,000 members and accumulated more than 1.5 trillion KRW in cumulative investment. The company has raised over 30 billion KRW from investors including Shinhan Bank, major financial institutions, and venture capital firms.
Summary
It lists 51–200 employees. It has raised $16.3M in total across 2 rounds, most recently a $5.4M Series A round in Sep 2016. Investors include KB Investment, Hanwha Investment & Securities and Shinhan Capital.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Sep 2016
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Funding: Series A. Amounts, valuations, and investors where available.
Investors
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