By Josh Beckerman 
 

--Student loan startup CommonBond has laid off 22 people, about 18% of its staff, Reuters reported Wednesday.

--In March 2018, CommonBond unveiled a $50 million Series D funding round led by Fifth Third Bancorp (FITB).

Full story: https://www.reuters.com/article/us-commonbond-layoffs/online-student-lender-commonbond-lays-off-18-percent-of-staff-idUSKCN1PA33M

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

January 16, 2019 20:09 ET (01:09 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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