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New york , /PRNewswire/ — CommonBond, the leading economic tech business that empowers youngsters and you may students to help you buy higher education, now established an excellent $50M Series D capital bullet.
5th Third Investment Holdings, LLC , an entirely-had part off Fifth 3rd Bancorp (NASDAQ: FITB), led the brand new round, having Earliest Republic Lender (NYSE: FRC) and you may Columbia Seligman Assets together with performing, in addition to present buyers also Neuberger Berman , August Financing , and you may Nyca Lovers . Individual people into the CommonBond were
, former Chief executive officer off Thomson Reuters . Which latest bullet brings CommonBond’s overall financing raised to around $130M monBond will use the new money to help you accelerate their growth and you may dedicate then from inside the technical.
« It round out-of equity energies all of our expansion as the a frontrunner from inside the fintech, helping more ways for people adjust the newest economic health out of our professionals, » told you