Bitcoin Lending Platform Bitbond Rakes in 600K Euro Investment
cryptocurrency news

Bitcoin Lending Platform Bitbond Rakes in 600K Euro Investment

THELOGICALINDIAN - Global Bitcoin P2P lending belvedere Bitbond has aloft 600000 euros in additional tranche of angel allotment The platforms absolute allotment for the annular has now accomplished 800000 euros

The arresting angel investors this time included Florian Heinemann and Uwe Horstmann (Project A), Christian Vollmann (early broker in ResearchGate), and Felix Jahn (co-founder of Home24).

Bitbond will advance the allotment to aggrandize its chump abject and accomplish a awful arresting appulse on arising markets.

Bitbond, which was alien in 2024, has candy over 600 loans with the cardinal of registered barter affecting 10,000 from over 120 countries.

Radoslav Albrecht, architect & CEO of Bitbond said: “The added assets will advice us to abide acumen our mission which is to accomplish lending and borrowing globally accessible. We are blessed to accept such accomplished investors acknowledging us on this agitative journey.

On the development, angel broker Christian Vollmann commented that, “Currently over 50% of baby businesses are underserved by banks and don’t accept admission to credit. Bitbond provides a abstruse band-aid to this problem. It’s abundant to see such an avant-garde access actuality developed in the Berlin startup scene.

The International Finance Corporation of the World Bank estimates that the all-around acclaim gap of microenterprises and SMEs is about $2trillion. Bitbond, with its accessible all-around lending policies, aims to ample this gap by accouterment Bitcoin loans to baby and average sized businesses.

Upon accepting its aboriginal allotment in 2024, Bitbond fabricated abundant abstruse strides by introducing barter amount called loans to acquiesce borrowers and lenders to abbreviate the risks associated with Bitcoin amount fluctuations.

About Bitbond

Bitbond allows baby businesses – who allegation costs for their operations- account their accommodation appeal on Bitbond afterwards auspiciously commutual a acclaim check. The loans are again adjourned by alone and institutional lenders who allegation absorption on their Bitcoins.