Qishin Tariq · · 1 min readFiserv-backed Korean fintech firm secures $24m
Korea Credit Data (KCD) is a fintech startup that aggregates data on business transactions. It also offers revenue management solutions via messaging app KakaoTalk. The company is headquartered in South Korea.
Funding details
- Funding amount: US$24.7 million
- Other investors: Fiserv, LG Uplus
- Stage: Series D extension financing
- Valuation: US$776 million
- Source
More details
Korea Credit Data/KCD (한국신용데이터)The company was founded in 2016 by Kelvin Dongho Kim. |
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| Stage | Amount (US$) | Investors |
| Series A | 3,500,000 | Kakao |
| Strategic investment | Undisclosed | KT Corporation, Shinhan Card (신한카드) |
| Series B | 8,000,000 | Shinhan Card (신한카드), Quad Investment Management |
| Series C | 36,000,000 | GS Holdings (GS홀딩스), KB Kookmin Bank (KB국민은행), Pavillion Capital |
| Series D | 32,000,000 | GS Holdings (GS홀딩스), KB Securities, KB Kookmin Bank (KB국민은행), KCLAVIS Investment (케이클라비스인베스트먼트), Ryukyung PSG Asset Management (유경PSG 자산운용) |
| Series D extension financing | 24,700,000 | LG Uplus, Fiserv |
| Total | 104,200,000 | |
