Bitbond
Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!
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.
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
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
NUMBER OF EMPLOYEES
11-50
INVESTORS:
KEY EMPLOYEES:
Radoslav Albrecht(CEO); Moritz Cremer(CFO)
Robert Nasiadek
Momentum
FUNDED
YES
TOTAL FUNDING
$2.82 M
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 · $1.88 M · Sep 2018
DEBT FUNDING
$2.46 M
LISTED
NO
COMMENT
Venture capital: $1.2 M(Feb 2017) and Debt Financing: $5.58 M(May 2017)
Innovation Programs
Sign up for a 30- day free trial with MEDICI Inner Circle to follow and track profiles you care about.
Related Companies
Coyno is a bookkeeping software-as-a-service for Bitcoin. They are building the tools for businesses that want to integrate Bitcoin into their operations. Coyno UG (haftung...
Vaultoro is creating the world's largest and most accessible allocated gold reserve for the blockchain and full reserve banking era. Banking 4.0
Germany-based startup BitXatm 2way ATM with point of sale function.
FOUNDING YEAR:
LOCATION:
Views:
$2.82 M
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.
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.
INTELLECTUAL PROPERTY
Patent(s) not Filed
PRODUCT DEVELOPMENT STAGE
V2.0 or BEYOND
PRIMARY CUSTOMER TYPE
Small and Medium Business - Online Retail
People
FOUNDERS
Jürgen Walter
NUMBER OF EMPLOYEES
1-10
KEY EMPLOYEES:
CEO, FOUNDER: Radoslav Albrecht
CTO: Jarek Nowotka
employee: Radoslav Albrecht(CEO); Moritz Cremer(CFO)
FOUNDER: Jürgen Walter
founder: Robert Nasiadek
INVESTORS:
Momentum
FUNDED
YES
TOTAL FUNDING:
$2.3 M
LISTED
NO
FUNDING SERIES
Seed --- USD2.3 M Comment on Seed Three funding rounds: Feb, 2017 $1.2M / Venture May, 2015 €600k / Angel Aug, 2014 €200k / SeedSubscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!
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+Momentum+Traction+People+
Other+Innovation Programs
Related Companies
Join the exclusive global FinTech community
Be a part of the global FinTech community on Slack
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
People
FOUNDERS
Jürgen Walter
NUMBER OF EMPLOYEES
1-10
KEY EMPLOYEES:
CEO, FOUNDER: Radoslav Albrecht
CTO: Jarek Nowotka
employee: Radoslav Albrecht(CEO); Moritz Cremer(CFO)
FOUNDER: Jürgen Walter
founder: Robert Nasiadek
INVESTORS:
Momentum
FUNDED
YES
TOTAL FUNDING:
$2.3 M
LISTED
NO