Bond’s latest funding round will boost its hiring efforts and the launch of new products with initial brand and bank partners. Led by Coatue, the investment was also supported by Canaan, as well as new strategic investors Goldman Sachs and Mastercard.

With a focus on accelerating financial innovation, Bond aims to enhance access to financial services through its developer-friendly APIs and SDKs. These tools enable brands to build custom solutions, banks to integrate them seamlessly, and facilitate quick market entry for various solutions.

The Bond platform is designed to centralize and streamline key processes in bank-brand partnerships. Additionally, it simplifies product monitoring and oversight by automating crucial compliance steps for all parties involved.