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Fintech startup launches platform for private bond placements

Origin has partnered with BNP Paribas, Bank of America Merrill Lynch, Credit Suisse and others on the launch

Monday 9 January 2017 at 10:43

Fintech startup wants to simplify the way money is raised in the private placement market for medium-term bonds
Fintech startup wants to simplify the way money is raised in the private placement market for medium-term bonds Photo: iStockphoto

Origin Markets, a fintech startup that wants to simplify the way money is raised in the private placement market for medium-term bonds, has teamed up with six investment banks and 20 borrowers on the introduction of the beta version of its platform.

Origin said in a January 9 statement that it wants to be a central source of information for issuers and dealers in the market, where fundraising can be more tailored to the needs of investors and borrowers.