Bond is a financial technology platform that provides an embedded API solution for organizations to integrate consumer and commercial credit products into their existing services. This enables businesses to quickly launch personalized credit offerings while managing compliance and underwriting through Bond's infrastructure, significantly reducing time to market.
Funding
$32M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many companies face significant hurdles when trying to integrate and launch credit products, including navigating complex compliance requirements, managing underwriting processes, and dealing with lengthy development timelines. This complexity often prevents businesses from offering personalized financial experiences to their customers.
Solution
Bond, now part of Atelio by FIS, offers an embedded API platform that streamlines the integration of consumer and commercial credit products into existing business services. The platform provides tools to manage compliance, underwriting, and card issuing, enabling businesses to quickly launch customized credit offerings. Bond's infrastructure handles the complexities of financial integrations, allowing companies to focus on customer acquisition and user experience. The platform supports various credit products, including secured credit cards and commercial charge cards, and facilitates account verification, deposit accounts, and money movement.
Target Audience
Bond's primary customers are fast-growing software platforms, fintech companies, and businesses across various industries looking to embed financial products into their existing ecosystems.
Features
- Unified API platform for integrating various financial products
- KYC (Know Your Customer) and KYB (Know Your Business) verification
- Instant decisioning capabilities for credit applications
- Support for virtual and physical card issuance (debit, prepaid, secured charge, and credit cards)
- Integration with Apple Pay, Google Pay, and Samsung Pay for virtual card provisioning
- Dynamic spend controls and real-time authorizations
- ACH transfers, domestic wires, and mobile check deposits for money movement
- Pre-integrated with partner banks and vendors for compliance and fraud detection