Venture Financing Activity Hits Records

venture financing activity is now at an all time record, but is that good or bad?

Last week, Fintech start-up Bread announced that it had raised $126 million to help finance its growth and reach more customers. Bread offers white label financing services to help consumers afford big-ticket purchases online, such as mattresses or home appliances. The company’s fundraising will allow it to expand the number of retailers that offer financing.

Unlike other players in the space, Bread isn’t trying to build a brand, instead, it is differentiating itself by allowing retailers to offer customized financing options. The company is seeking to build a business that’s similar that of Synchrony Financial, which manages store cars for retailers – the big difference is...