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New york , /PRNewswire/ — CommonBond, a leading financial technical team that empowers students and you may graduates in order to pay money for higher education, today announced an excellent $50M Collection D financial support round.

5th 3rd Financial support Holdings, LLC , a wholly-possessed subsidiary from 5th 3rd Bancorp (NASDAQ: FITB), led the bullet, that have Very first Republic Lender (NYSE: FRC) and you may Columbia Seligman Assets together with playing, along with present buyers along with Neuberger Berman , August Funding , and Nyca People . Individual traders into the CommonBond is

, previous Chief executive officer regarding Thomson Reuters . This newest bullet brings CommonBond’s complete capital raised to over $130M monBond uses the newest capital in order to speeds the progress and you may dedicate after that from inside the tech.

« Which bullet out-of collateral powers the expansion due to the fact a frontrunner for the fintech, permitting different options for all of us to switch the brand new monetary health out of all of our members, » said

, CommonBond President and co-maker. « We’ve attempted to create a good company with the enough time name of the focusing on the basics – exceptional customers feel, best-in-classification technical, and a people of admiration and discipline. Lire la suite