ModernFi, which operates the first tech-enabled marketplace that allows banks to exchange deposits on demand, announced that it has “raised $4.5 million in seed funding.” The investment round was “led by Andreessen Horowitz with participation from industry leaders across tech, finance, and government.” ModernFi operates… Read More
Former Bond Street CEO and founder David Haber has joined Andreessen Horowitz (a16z) as a General Partner – becoming the first full-time GP based in Manhattan. Bond Street, once an independent online lender for SMEs, the Fintech was acquired by Goldman Sachs in 2017 with… Read More
Bond Street, an online lender for small businesses, and NerdWallet, have partnered to provide access to SME loans. As part of the partnership, Bond Street will be featured on NerdWallet’s Small Business Loan Tool, along with other lenders that provide capital to small businesses across the… Read More
Bond Street, an online small business lender, has announced that investment bank Jefferies Group has tripled its loan purchase commitment to $300 million. Back in 2015, Jefferies committed to $100 million in loan purchases. The increase by Jefferies represents a solid endorsement of the Bond Street platform and a… Read More
Online SME lending platform Bond Street has announced today that it has hired Ben Solomon to lead their capital market strategy. Solomon is the former Global Head of Securitized Products Trading at Deutsche Bank. As marketplace lending platforms become more sophisticated and depending on multiple… Read More
Small businesses play a large part in the city. Today marked the launch of For New York, a new online magazine from online lender Bond Street to spotlight the importance of these small businesses by interviewing their founders and owners. Founded in New York City in 2014, Bond Street has… Read More
Bond Street, an online lending platform for small businesses, and ICB, the world’s largest bookkeeping membership organization, today announced a partnership to offer ICB USA members a “fast and affordable financing solution” for their clients, according to the release. The collaboration will enable ICB bookkeepers to… Read More
Bond Street, an online lending platform for small businesses, and Booker, an all-in-one local service commerce platform, today announced a partnership to provide fairlypriced lending capital to help facilitate the growth of companies on the Booker platform. “Bond Street shares Booker’s mission to minimize the… Read More
Tuft & Needle is an interesting startup. In part because it is not some sexy tech unicorn but a company that provides a more banal product – mattresses. We all sleep. We pretty much all need one. Mattress sales are big business yet the industry largely… Read More
As most Fed followers expected, the FOMC decided to increase interest rates nudging up rates by 25 basis points. The last time the Fed raised rates was almost 10 years ago. The back and forth chatter regarding when the Fed would act has been a… Read More
Marketplace lender Bond Street has crafted a new partnership with shared workspace provider WeWork to provide “fairly priced lending capital” to members ot the WeWork Community. David Haber, co-founder and CEO of Bond Street, said the two companies shared a passion to empoer entrepreneurs dreams…. Read More
Direct lending platform Bond Street has signed up Tumblr’s former Creative Director to join their executive bench. Peter Vidani is now the Vice President of Product effective immediately. The position is new for Bond Street and responsibilities include developing products and tools to aid Bond… Read More
Crowdfund Insider reported last month on the US Department of Treasury’s interest in the fast growing Marketplace / Peer-to-Peer lending space. Treasury published a “Request for Information” (embedded below) seeking public comment to study the various business models and review “how the regulatory framework should… Read More
Bond Street Marketplace, a direct lender for small business, has closed an equity / debt financing round in the amount of $110 million led by Spark Capital and Jefferies. New participants include Slow Ventures, Eagle Cliff, Nathan Blecharczyk (Co-Founder of Airbnb), David Chang (Chef and founder of… Read More
David Haber is the co-founder, CEO and visionary behind Bond Street, an online lender that empowers small businesses by providing financing in a simple, transparent and fair way. Haber leads Bond Street’s overall company vision, strategy, fundraising and business development functions. Through Bond Street, Haber aims to… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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