Campus Fund
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Campus Fund - overview
Location
Seoul, -, South Korea
Primary Industry
Financial Services
About
Based in Seoul, South Korea, and founded by CEO Park Tae-hong, Red Rocket Co. , Ltd. , doing business as Campus Fund, provides a platform that offers credit loans at reasonable interest rates to college students by connecting them with ordinary investors through peer-to-peer transactions. In January 2021, Red Rocket raised KRW 1.
5 billion in venture funding, led by Spring Camp with Strong Ventures and Knollwood Investment Advisory. The company offers a platform that connects college students and general investors in need of funds in the form of peer-to-peer (P2P) lending. The company credit rating model is based on machine learning and uses extensive data, such as academic performance, internship history, and certifications, to evaluate the repayment ability of college students. The loan amount per person is in the range of 100–200 million won, and the repayment period is at least 3 months to 12 months.
Current Investors
Strong Ventures, Knollwood Investment Advisory, Spring Camp
Primary Industry
Financial Services
Sub Industries
Financial Services, Consumer Finance
Website
http://www.campusfund.net/
Verticals
FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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