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INTERNET | Internet Software & Services / Payments
gocardless.com

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Founded Year

2011

Stage

Series F | Alive

Total Raised

$217.32M

Valuation

$0000 

Last Raised

$95M | 10 mos ago

Revenue

$0000 

Mosaic Score

+30 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About GoCardless

GoCardless is an online direct debit provider, operating an international payments network for businesses to take and settle recurring payments from anywhere, to anywhere, in any currency.

GoCardless Headquarter Location

Sutton Yard 65 Goswell Road

London, England, EC1V 7EN,

United Kingdom

+44-20-8338-9540

Latest GoCardless News

Supply chain-focused insurtech startup BondAval lands $7M from Octopus Ventures

Oct 19, 2021

For independent retailers, inventory financing is often a complicated and lengthy process that ties up their working capital. BondAval , an insurtech startup with offices in London and Austin, Texas, is focused on helping them access better credit terms while providing assurance to suppliers that they will be paid on time. The company announced today it has raised $7 million led by Octopus Ventures, with participation from Expa and returning investors Insurtech Gateway, TrueSight Ventures and founders like Monzo and GoCardless’s Tom Blomfield, ComplyAdvantage’s Charlie Delingpole and Entrepreneur First’s Matt Clifford. BondAval’s flagship product is MicroBonds, currently available in the United States and United Kingdom. Meant as an alternative to traditional bank guarantees and collateral-based instruments, which can take months to secure, Microbonds are non-cancellable exposure coverage policies that use a credit risk engine, don’t require collateral and are available almost instantly online. Merchants buy MicroBonds to guarantee they will fulfill a contract with a wholesaler. If a merchant needs to file a claim, it is also processed and paid out almost immediately, reducing their business risks. BondAval founders Tom Powell and Sam Damoussi BondAval was created in 2020 by co-founders Tom Powell and Sam Damoussi, who believe that giving all businesses, regardless of their size, access to affordable investment-grade payment security can fortify the entire supply chain, helping SMEs compete on a more even playing field with large corporations. The new funding, which brings BondAval’s total raised to $9 million, will be used on growth, hiring and building its technology and provisioning services. 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.”

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Research containing GoCardless

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned GoCardless in 4 CB Insights research briefs, most recently on Jul 26, 2021.

Expert Collections containing GoCardless

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

GoCardless is included in 6 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

787 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

F

Fintech 250

248 items

P

Payments

1,614 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Fintech

19,054 items

Excludes US-based companies

GoCardless Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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GoCardless Rank

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