Bitbond
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About
Bitbond radically improves the issuance, settlement and custody of bonds with the help of blockchain technology and tokenization.
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
The company generates revenue from the origination fee which is applied once a loan is funded.
MAIN CLIENTS
Small businesses
PRIMARY 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.
Traction
VALUATION / MARKET CAP:
$8 M in 2017
COMPANY TYPE:
For Profit
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:
0.0100
ACTIVE USERS COMMENT:
The company claims that it has 90,000+ users and 1,700+ funded loans till now (May 2017).
People
FOUNDERS
Jürgen Walter
BOARD MEMBERS AND ADVISORS
NUMBER OF EMPLOYEES
11-50
INVESTORS:
KEY EMPLOYEES:
Radoslav Albrecht(CEO); Moritz Cremer(CFO)
Robert Nasiadek
Momentum
FUNDED
NO
NUMBER OF FUNDING ROUNDS
4
TOTAL FUNDING
$2.82 M
DATE OF LAST FUNDING
Jul 2019
IPO STATUS
Private
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.
ESTIMETED REVENUE RANGE
Less than $1M
SEED & PRIOR FUNDING
$932.84 K
SEED CLOSED ON
Aug 2014
DEBT FUNDING
$2.46 M
LISTED
NO
COMMENT
Venture capital: $1.2 M(Feb 2017) and Debt Financing: $5.58 M(May 2017)
Web Traffic
MONTHLY VISITS
20,477
AVERAGE VISITS (6 MONTHS)
35,791.82
MONTHLY VISITS GROWTH
-27.38%
VISIT DURATION
217
VISIT DURATION GROWTH
251.91%
PAGE VIEWS VISIT
2.68
PAGE VIEWS VISIT GROWTH
2.29%
BOUNCE RATE
71.49%
BOUNCE RATE GROWTH
2.38%
GLOBAL TRAFFIC RANK
856,120
MONTHLY RANK CHANGE
-49,834
MONTHLY RANK GROWTH
-5.5%
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Bitbond
About
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
P2P lending, Global SME lending, Fixed income investments,
REVENUE MODEL
The company generates revenue from the origination fee which is applied once a loan is funded.
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
Small and Medium Business - Online Retail
Traction
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 Million
LIVE USERS/TRANSACTIONS:
Yes, in live production
How will you grow the number of users/accounts/transactions?
Marketing, Partnerships, Business Development
CHANNEL STATUS
MULTIPLE CHANNELS
People
Momentum
FUNDED
YES
FUNDING COMPLETED
NO
LISTED
NO