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San Francisco marketplace where small businesses issue bonds to individual investors, with investments starting at USD 10.
SMBX, Inc. was founded in 2016 and is based in San Francisco, US, with Benjamin Lozano as CEO. Co-founders Bhavish Balhotra and Jackie Chan are also named. Small businesses raise funds by issuing Small Business Bonds to individual investors, who can start at USD 10 and receive monthly payments of principal and interest. SMBX earns fees on closed bond offerings, and in October 2021 it raised USD 11.5 mn in a Seed round led by Group 11.
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