BondAval

BondAval

Founders
Tom Powell (CEO), Charlie Evans, Sam Damoussi
Website
bondaval.com
Twitter
@wearebondaval
Location
London and Austin
Group
Expa Ventures

A New World For Credit Security.

BondAval is a fintech bringing innovation to the world of B2B payment security. At present, access to the best payment security solutions is reserved for large corporations. Smaller companies are forced to lock away large portions of working capital and go through long laborious procedures to secure inventory purchases. This status-quo creates an uneven playing field. We have made it our goal to change it by democratising access to the best credit solutions. To achieve our goal, we're replacing antiquated bank-guaranteed and cash-funded procedures with our proprietary MicroBonds: technology-enabled and prudently underwritten surety bonds. Our MicroBonds are instantly accessible, provide investment grade security to wholesalers and can be secured in real-time, allowing retailers to free up working capital.

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