Berlin based online bitcoin lender BitBond has raised $1.2m in venture funding led by Sekip Can Gokalp. BitBond is the first global marketplace lending platform for small business loans. Its mission is to make investing and financing globally accessible.
An investment of $1.2 million seems small if compared with Silicon Valley’s big investment rounds. But for an investment from German business angels to a German Bitcoin startup, $1.2 million is significant and might set a new record. BitBond, the startup that received funding, is like a global village. People from all over the world, from the USA, the Philippines, Greece, India and so on introduce themselves and ask for a loan. There is a merchant from the States who wants to increase his stock of fitness gadgets; a Colombian, who wants to set up a Bitcoin ATM, or an Indian, who needs funds to start as a forex trader. And much more.