TORONTO — June 29, 2016 — Overbond Ltd., the first fintech entrant into the new bond issuance market, has launched an end-to-end platform and support framework for primary bond origination. The fully-digital Overbond platform for primary bond issuance provides higher transparency, better price discovery, and investor diversification for all counterparties in the primary bond market….
Overbond team on the left, University of Toronto software engineers on the right and University of Waterloo winner Toby Huang on the video link being presented the award We had a busy week at Overbond, after we announced the closure of our $7.5 million seed financing round earlier last week. This past weekend June 17th-19th,…
Behind the spotlight, debt financing remains a significant driver of technology transactions Last week, Microsoft acquired LinkedIn, the social media platform geared towards professional networks. The acquisition was impressive on its own, but even more so for the price: Microsoft spent a whopping $26.2 billion on the purchase. One of the aspects that has been…
Injection of Capital Positions Overbond to Transform Investment Banking and Bond Issuance Market. TORONTO — June 16, 2016 — Overbond Ltd., the first fintech platform for digital bond issuance, has closed a $7.5-million seed financing round with Morrison Financial Services Limited. The deal marks a significant step forward for the company as the first fintech…
Overbond co-founders Han Ryoo and Vuk Magdelinic in Toronto Source: The Globe and Mail Financial technology is changing how people borrow, save and invest, and is now infiltrating one of the stodgiest areas of financial services: the fixed-income market. Overbond is a relatively new Toronto-based fintech with a cloud-based pricing communication platform that automates tasks for…
It might be surprising to know that my colleague Abdul Haseeb, software engineer, developed core components of Overbond platform in just three months — a remarkably short time in the software development world. While I think Abdul is undoubtedly an expert coder, his ability to code at such an astonishing rate depended on a little…