Bitcoin Lending Platform Bitbond Raises €600,000 in Funding

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....

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....

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,....

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....

Bitcoin startups BitPesa and Bitbond, based in Africa and Germany respectively, have announced a new initiative to bring financing options to businesses in Kenya, Nigeria, Tanzania and Uganda. The partnership sees BitPesa, a pan-African bitcoin payments startup that initially launched in Kenya in 2013 as the continent’s first bitcoin company, with Bitbond, a prominent Berlin-based peer-to-peer crowdlending platform for small and medium-sized enterprises globally, while the public Bitcoin blockchain for payment processing. Bitbond claims to have processed over 1,6000 loans worth $1.2....