Bondaval launches in the US market and appoints Charlie Evans

Business News 7th July 2021
London-based Bondaval expands to North America
Charlie Evans will head up Bondaval's North American operations

Bondaval is democratising access to the most efficient financial instruments for all businesses. We’ve already made significant steps in the UK and are now poised to do the same in the USA with authority to operate in California, Texas and Florida.

North America is a tremendous market for Bondaval both in terms of opportunity and sheer scale, with more than 30 million SMEs1. The formation a wholly owned subsidiary of Bondaval Ltd enables the company to concertedly address and serve this market.

As part of establishing the US entity, Bondaval team is delighted to announce and welcome Charlie Evans. Charlie joins from investment company Hedosophia.

He joins the team from venture capital group Hedosophia. Prior to this Charlie spent 3 years investing in early and growth-stage InsurTech companies across North America and Europe, as an Investor at the Insurtech Gateway where he led the Gateway’s investment in Bondaval in Q4 2020.

Previously an investment banker at J.P. Morgan, which he joined following a 6-year spell in the British Army as a serving member of The Royal Dragoon Guards, Charlie is a graduate of Durham University and the Royal Military Academy Sandhurst.

Existing working capital and trade finance solutions are too often inaccessible and capital inefficient. Bondaval's innovative InsurTech platform solves this. Now more than ever, providing access to investment grade products is critical to ensure all businesses can operate on an equal playing field. I am delighted to join at such an exciting time for the company to help drive Bondaval's next phase of growth into the North American market.

Charlie Evans
CCO, North America at Bondaval

We are thrilled to welcome Charlie to the team. We’ve known each other for almost as long as we’ve been building Bondaval and his knowledge, experience and abilities are going to be huge assets for us.

Charlie has spent the last 4 years on the investment side of InsurTech and his decision to join us is an endorsement of and testament to all the work we’ve put in thus far – and we don’t take that lightly.

Charlie joins to head up our North America operations, and we couldn’t have asked for someone more capable to do this and represent the company abroad.

Tom Powell
CEO and Co-Founder at Bondaval
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