# Seoul-based fintech startup Korea Credit Data has raised $24.7 million in Series D extension financing.

*fintech · news · 2022-10-06 · TechCrunch*

## Key points

- Korea Credit Data raised $24.7 million in a Series D extension, valuing it at $776 million.
- Fiserv and LG Uplus joined as new strategic investors in this latest KCD funding round.
- KCD's Cash Note app now has over 1.7 million registered SME merchants in South Korea.
- KCD acquired ImU (POS services) and Persona (government alert service) to expand SME offerings.
- The new funding will support further acquisitions and expand KCD's team beyond its current 230 staff.

**Companies:** LG Corporation, Fiserv, Korea Credit Data
**Countries:** South Korea

[Read the full story on TechCrunch](https://techcrunch.com/2022/10/05/fiserv-lg-back-fintech-startup-korea-credit-data/)

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