Bitbond is the first global marketplace lending platform for small business loans. We leverage blockchain technology to connect creditworthy borrowers with individual and institutional investors.
By innovating in the fields of payments and credit scoring, Bitbond makes financial inclusion a reality around the world. All payment transactions on Bitbond are conducted via the bitcoin blockchain. Therefore our service is available worldwide via the internet and is independent of banks.
In order to score borrowers who are not covered by conventional credit bureaus, we use alternative data for credit scoring. This includes transactions of small business owners from accounts like eBay, Amazon, Etsy, MercadoLibre, Shopify, PayPal, bank accounts and many others. The data gets evaluated with our proprietary machine learning algorithm.
As an investor on Bitbond you can either pick the loans you like to fund manually or you use our convenient AutoInvest tool. AutoInvest lets you create a diversified portfolio of loans according to your preferences in an automated way. The great benefit for investors who use Bitbond is that you can create a portfolio of loans that is diversified across many different countries.
Bitbond is incorporated in Berlin, Germany and is a fully regulated financial institution with its own licence.
Bitbond’s mission is to make investing and financing globally accessible.
Accountability
We believe that people and businesses need to be held accountable for what they do. That goes for us too.
Transparency
Our main role as a platform is to provide stable services and the best available level of transparency about our products and services.
Simplicity
For financial products to be transparent and trustworthy, they need to be kept simple.
Venture Capital Rounds
Bitbond: $1.2 million -
22-Feb-2017 | Financial Services
Description: Bitbond is the first global marketplace lending platform for small business loans.
Investors: Şekip Can Gökalp, Janis Zech, Andreas Bodczek, Alexander Graubner-Müller
Headquartered: Berlin
Country: Germany
Bitbond: $0.67 million - Seed
20-May-2015 | Financial Services
Description: Bitbond is the first global marketplace lending platform for small business loans.
Investors: Point Nine Capital, Christian Vollmann
Headquartered: Berlin
Country: Germany
Bitbond: $0.27 million - Seed
13-Aug-2014 | Financial Services
Description: Bitbond is the first global marketplace lending platform for small business loans.
Investors: Point Nine Capital, Nelson Holzner
Headquartered: Berlin
Country: Germany