A Bitcoin Alternative to Banks and Venture Capital: BitBond
CCN recently published an article about the various ways that you can get a small business funded in the cryptocurrency sphere, but we didn't do the crowdfunding segment justice. As such, it's time we covered a company called BitBond, which is based in Germany, which facilitates crowdfunding in much the same way that BTCJam does. However, because of the problems that BTCJam has had, our first question for Chris Grundy, a representative of the company, was how they can ensure that funds are repaid. After all, a Bitcoin loan can very much be like a cash loan, in that once the debtor has....
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This February, the Finovate group will hold their conference, Finovate Europe, in the UK’s capital city of London. The US-based Finovate group, created in 1995, is one of the leading experts in research concerning banking technology and financial innovations. You might have heard the name if you have read the top notch research concerning banking and their publications of the online banking reports. They also run a very popular blog called NETbanker.com. Finovate founder Jim Bruene was extremely interested in what innovations that Bitbond aim to bring to the table. Mr Bruene said: Bitbond....
Peer-to-peer bitcoin lending company Bitbond has closed a €600,000 angel investment round, raising its total funding to €800,000. The company, which launched in June 2013, received funds from its seed investor, Point Nine Capital and business angels, including Christian Vollmann, an early investor in ResearchGate. Radoslav Albrecht, founder and CEO at BitBond, said:
Peer-to-peer bitcoin lending company Bitbond has secured €200,000 in seed funding during a round led by early-stage investment firm Point Nine Capital. The funding will help Bitbond broaden its user base and accelerate loan origination. The company will also grow its programming team to improve the platform's user experience. Bitbond is also planning new features including exchange rate linked loans, user communication tools and analytics resources for lenders, as well as an improved mobile platform. In its pursuit to make investment and finance businesses accessible worldwide, the....
OKCoin's new superwallet allows bitcoin as a background method of money transfers not only across borders, but across currencies as well. Jack Liu, head of international at OKCoin, recently discussed bitcoin in China and as an alternative payment system in an interview with Bloomberg Business. Liu referred to the dramatic price crash of bitcoin in 2013 as a good thing, because it forced developers and entrepreneurs to think of creative applications of bitcoin and its underlying blockchain technology instead of focusing uniquely on the price of bitcoin. As a result, there are now large....
Global Bitcoin P2P lending platform Bitbond has raised 600,000 euros in second tranche of angel funding. The platform's total funding for the round has now reached 800,000 euros. The prominent angel investors this time included Florian Heinemann and Uwe Horstmann (Project A), Christian Vollmann (early investor in ResearchGate), and Felix Jahn (co-founder of Home24). Bitbond will utilize the funding to expand its customer base and make a highly pronounced impact on emerging markets. Bitbond, which was introduced in 2013, has processed over 600 loans with the number of registered customers....