Petdoc Introduces P2P Finance with Daily Funding to Support Growth of Pet Care Market

Petdoc, an integrated pet care platform, announced on the 8th that it has signed a business agreement with Daily Funding to expand pet care finance. Lee Hae-woo, co-CEO of Daily Funding (left in the photo), Choi Seung-yong, CEO of Petdoc (right in the photo). Photo by Petdoc

[Asia Economy Reporter Kim Heeyoon] Petdoc, an integrated care platform service for companion animals created by veterinarians, announced on the 8th that it has signed a business agreement with Daily Funding to expand financial services for pet care and develop alternative financial products to promote growth in the pet care market. Petdoc, together with Daily Funding, plans to support startup funding by providing reasonable mid-interest loan products linked to P2P investments for veterinarians who wish to join the V-Care franchise but face difficulties obtaining loans from first-tier financial institutions or have insufficient credit limits.

Choi Seungyong, CEO of Petdoc, said, “With this business agreement, it is expected that funding for veterinarians and prospective entrepreneurs who wish to introduce a system that simultaneously cares for animal hospitals, pet kindergartens, hotels, grooming, and cafes will become easier. Petdoc plans to actively propose practical measures for entering the pet care market beyond simply providing a franchise system.”

Lee Haewoo, co-CEO of Daily Funding, stated, “We plan to diversify the investment-linked portfolio targeting various partners connected with Petdoc in the future.”

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