3 years ago
Bondaval Secures €15 Million to Expand its Insurtech Platform
Bondaval, a London-based B2B fintech startup, has raised €15 million in a Series A funding round led by Talis Capital with participation from Octopus Ventures
The company's platform provides credit teams with more certainty that their receivables will be secured through proprietary MicroBonds
Bondaval aims to modernize and simplify B2B payment security by combining credit analysis technology with S&P A+ rated insurance backing
The funding will be used to expand globally, enter new sectors, and develop more use cases for the platform.
ProblemFinancial Services
"Businesses struggle with uncertainty and lack of control in B2B payment security, involving bank guarantees, trade credit insurance, and negative balance sheet impacts."
Solution
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