This Canadian Startup Is Digitizing the Primary Bond Market

Overbond offers a platform matching investors with issuers
Started in Canada, it expands services into larger U.S. market

A commuter walks up stairs in the financial district of Toronto, Ontario, Canada, on Thursday, July 7, 2016.
Photographer: Brent Lewin/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Maciej Onoszko

November 17, 2017 at 5:00 AM UTC

Updated on

November 17, 2017 at 2:51 PM UTC

This article is for subscribers only.

Overbond Ltd. is looking to shake up the primary bond market by broadening access to its digital platform that connects fixed-income investors with corporate issuers.

The Toronto-based company, founded in 2015, will on Friday make its data hub available via mobile and desktop applications in the U.S. and Canada, expanding its reach to 5,000 market participants, according to a press release available on its website. It currently has more than 200 users, mainly in Canada and split evenly between issuers and investors, which have access to its platform via a web application.