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Seoul-based fintech startup Korea Credit Data has raised $24.7 million in Series D extension financing.
Korea Credit Data raised $24.7 million in a Series D extension, valuing it at $776 million.
KEY POINTS
- 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
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