London based insurtech startup focused on payment security raised $7m in Seed funding led by Octopus Ventures.
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BondAval raises $7m in Seed funding
In a statement, Octopus Ventures’ fintech investor Tosin Agbabiaka said, “For decades, companies looking to guarantee future transactions were forced to stomach high costs, significant collateral requirements, and a slow, analogue process. BondAval’s technology changes that, applying surety to micro B2B transactions to transform the cost structure of the product.”
