Back in March CommonBond closed a $50 million Series D investment that was led by the venture capital arm of...
The student loan market is big. In fact at over $1 trillion in outstanding debt, student lending is bigger than...
American Banker talks with David Klein, CEO of CommonBond about the fintech industry and his insight on the effects of a fintech charter; David Klein says company valuations across the industry are more realistic and the industry is maturing with more lending platform investments focused in later round fundraisings; explains the company's technology solution for employers adding student loan payment benefits; notes the company's default rate is zero; says the OCC fintech charter should give fintech companies better competitive market positioning and help to reduce costs. Source
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This is a guest post from David Klein, CEO & Co-Founder of CommonBond. CommonBond is an exhibitor at LendIt USA...
CommonBond’s study highlights the disconnect between what employees desire and what companies currently offer as benefits; CommonBond focuses on helping those...
The round was led by Fifth Third Capital Holdings LLC with First Republic Bank and Columbia Seligman Investments also participating; existing and individual investors Vikram Pandit and Tom Glocer also participated; total funding for the company is over $130 million; the company posted 250% revenue growth year over year in 2017 and has had only two defaults. Source
CommonBond, one of the major players in online student loans announced their Series C equity round today. The total raise, which is over...
In the coming months Cincinnati-based Fifth Third bank will hire 200 new tech workers as it continues to invest in...
CommonBond focuses on helping those with student loans better manage their debt. Earlier this week they released an interesting study...
This week’s PeerIQ Industry Update covers the great jobs report as nonfarm payrolls rose by 313,000 in February which caused the Nasdaq to hit an all-time high; CommonBond saw their first AAA rating by Moody’s and KBRA rated the senior bonds for OneMain’s latest deal at AAA, AA and A; PeerIQ also took a deep dive into the recent Amazon checking account news; they cover the benefits of the partnership, the significance of the deal and who might be next to enter the space. Source.