The financial integration software developer will use the proceeds from the Mastercard-backed series A round to launch its core product.

US-based digital banking technology developer Bond Financial Technologies received $32m in series A funding from investors including payment services firm Mastercard on Wednesday.

Investment manager Coatue led the round, which also featured investment banking firm Goldman Sachs, venture capital firms Canaan, B Capital and XYZ Ventures, and angel investors including John Mack, formerly chairman and CEO of investment bank Morgan Stanley.

Founded in 2019, Bond has created a financial technology platform that connects brands to banking partners and provides the…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.