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Student loan startup CommonBond starts winding down operations
short by Aishwarya Awasthi / on Thursday, 15 September, 2022
Student loan startup CommonBond is "winding down" its operations after its core businesses took a hit during COVID-19. "The story of what has led us to this point starts with COVID-19," CEO David Klein said. Klein added the firm shifted its focus on its solar financing business and got out of the student business but struggled to be profitable.