Here’s BondbloX! This Singapore-based fintech startup lets you track and trade fractional and full-sized bonds on their mobile app. Yes, just like stocks. Now, they just raised a $6M Series B.

• Oh, and they’ve got a team of debt capital market bankers and technologists spread across Singapore, India, and Mexico. 

Investor check. Beacon Venture Capital, Citigroup, and MassMutual Ventures led the round. Potato Productions and Octava also joined in! 

• This will allow Citi’s clients to begin trading bonds on the platform. 
• BondbloX raised a $6M Series A back in 2021. 

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📈 The ABCs of BondbloX

Apart from their easy-access and transparent platform, BondbloX is also great for new traders. You can start trading bonds in denominations of $1000. (It’s usually $200K to $250K!)

• And the fees? BondbloX charges users ~$1.5 per trade and a 0.2% fee on assets under management. 

Approved! They’re regulated as a Recognized Market Operator by the Monetary Authority of Singapore. 

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💸 What’s with the $$$? 

They’ll scale their platform, BondbloX Bond Exchange, and expand their reach to the Gujarat International Finance Tec-City (GIFT City) in India. 

• They’ve also got a plan to list United States Bonds—treasuries and corporate bonds—on the platform.