Bond Financial Technologies Inc., a San Francisco, CA-based enterprise-grade financial technology platform, raised $10m in seed funding.
The round was led by Canaan, with participation from Coatue and angel investors including Sarah Friar, Steve Frieberg, Ryan Peterson and Eric Yuan.
The company intends to use the funds to accelerate development of its ML-powered platform and expand its reach with banks, fintechs and brand partners.
Led by Roy Ng, co-founder & CEO, Matt Bradley, VP of Technology and Yan Wu, VP of Data Science & Operations, Bond provides an enterprise-grade financial technology platform to enable digital brands to engage their customers by offering personalized and compliant banking products through banking partners that want to grow by providing financial services.
Ng is a seasoned software executive who was previously Twilio’s COO, and more recently President and COO of Mapbox. He also spent his early career in banking at Goldman Sachs.
Bradley was previously a founding member and VP of Machine Learning at Synapse, EIR at the Founder Institute and holds a Ph.D. in Mathematical Sciences and Statistics.
Wu spent 15 years at the intersection of technology and financial services, notably having served as Head of Data at SoFi and VP of Analytics at BlackRock.