P2P Bitcoin Lending Platform Bitbond Receives €200,000 Seed Funding
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....
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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:
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....
Bitcoin crowd-lending platform BitLendingClub has just announced a €200,000 ($253,336) seed investment from European VC fund LAUNCHub. The Bulgaria-based company says the funding round will help the company expand and allow it to establish new headquarters in San Francisco. BitLendingClub's co-founder and CEO Kiril Gantchev told CoinDesk: "The funding is an extremely important milestone for BitLendingClub. It has allowed us to validate our idea and to increase our efforts in the development of our platform." LAUNCHub is a seed fund, based in Bulgaria, that invests in Southeast and Central....
Bitcoin lending startup Bitbond is seeking to gain traction in Portugal and Brazil as it looks to grow its user base in 2016. The Berlin-based company, which has raised €800,000 ($870,000) in two public funding rounds, is currently competing against startups such as BitLendingClub and BTCJam in the peer-to-peer (P2P) bitcoin lending market, as well as as against other FinTech alternatives. Bitbond cited the high number of small businesses, high barriers to working capital and informal reports of bitcoin's growing traction as an investment vehicle in the country. According to its estimates,....
BitLendingClub, a Bulgarian Bitcoin crowd lending platform, has announced that they have received a €200,000 seed investment from the European VC fund LAUNCHub. Launchub is a seed fund that invests in European digital startups. BitLendingClub is a peer-to-peer platform that allows Bitcoin lenders to lend Bitcoin borrowers. Loans are offered to borrowers when the interest rate drops to a low enough rate to meet their needs. The Dutch Auction system helps establish an equilibrium interest rate that is beneficial to both parties. The company has partnered with Jumio, a document verification....