Bitbond

Bitbond

cryptocurrency | blockchain
website linkedin address
  • FOUNDING YEAR: 2013
    LOCATION:
    Germany
    REGION:
    Berlin
    Last Update:
    14 Feb, 2020
    Company priority:
    We're on to something big this year!

Description

Bitbond is a peer-to-peer bitcoin lending platform. Users can borrow bitcoins or lend bitcoins to other users. Bitbond conducts a credit rating for all borrowers before they can publish projects on its marketplace.
Bitbond is a peer-to-peer bitcoin lending platform. Users can borrow bitcoins or lend bitcoins to other users. Bitbond conducts a credit rating for all borrowers before they can publish projects on its marketplace.

FOCUS


PRODUCTS & SERVICES:
Bitcoin based p2p lending platform for small business owners
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Small businesses
PRODUCTS & SERVICES:
P2P lending, Global SME lending, Fixed income investments,
REVENUE MODEL:
Viewable by subscribers only
TOP PROBLEM SOLVED:
- Bitbond makes global borrowing and investing possible. - Bitbond brings essential financial capabilities to everyone with an internet connection. Including the 2 billion adults in the world without access to a bank account. - Bitbond provides quick and affordable financing to SME's and Online sellers who are typically underserved by banks and traditional financial institutions.
PRODUCT DEVELOPMENT STAGE
V2.0 or BEYOND
PRIMARY CUSTOMER TYPE
Viewable by subscribers only

PEOPLE


FOUNDERS:
Radoslav Albrecht, Jürgen Walter, Robert Nasiadek
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Christian Vollmann, Point Nine Capital, Nelson Holzner, Janis Zech, Alexander Graubner-Müller, Andreas Bodczek, Sekip Can Gokalp, Obotritia Capital
KEY EMPLOYEES:
Radoslav Albrecht(CEO); Moritz Cremer(CFO)
FOUNDERS:
Radoslav Albrecht
NUMBER OF EMPLOYEES:
1-10
KEY EMPLOYEES:
CEO: Radoslav Albrecht
CTO: Jarek Nowotka
ADVISORS:

TRACTION


VALUATION / MARKET CAP:
$8 MM in 2017
ACTIVE USERS:
0.0100
ACTIVE USERS COMMENT:
The company claims that it has 90,000+ users and 1,700+ funded loans till now (May 2017).
NUMBER OF TRANSACTIONS:
1.6 K
TRANSACTIONS VALUE:
10 K
TRANSACTIONS COMMENT:
The maximum loan amount on Bitbond is currently $10,000. We have funded over 1,600 loans to borrowers located in over 80 countries, with a total loan volume just over $1 million.
ACTIVE USERS/ACCOUNTS:
76,000
LIVE USERS/TRANSACTIONS:
Viewable by subscribers only
How will you grow the number of users/accounts/transactions?
Marketing, Partnerships, Business Development

MOMENTUM


FUNDED:
YES
TOTAL FUNDING:
$5.3 Millions
DATE OF LAST FUNDING:
Jul 2019
TOTAL FUNDING COMMENT:
The company is planning to use the fund from the debt financing to fund loans through its platform, and from equity investment to increase its product development and marketing efforts.
SEED & PRIOR FUNDING:
$932.84 K
SEED CLOSED ON:
Aug 2014
FUNDING SERIES:
Others
$4.36 Millions Closed: Sep 2018
DEBT FUNDING:
$10.36 Millions
LISTED:
NO
COMMENT:
Venture capital: $1.2 M(Feb 2017) and Debt Financing: $5.58 M(May 2017)
FUNDING COMPLETED:
Viewable by subscribers only
FUNDED:
YES
TOTAL FUNDING:
$2.3 Millions
LISTED:
Viewable by subscribers only
FUNDING SERIES:
Seed
$2.3 Millions
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Comment on Seed
Viewable by subscribers only

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