Bitbond raises €600,000 to grow its global bitcoin lending platform

Investing | May 21, 2015 By:

On Wednesday, May 20, Bitbond announced an angel funding round of €600,000. The round brings Bitbond’s raised capital to a total of €800,000.

Led by Bitbond’s earlier seed investor Point Nine Capital, a number of business angels contributed significantly to the round.

“The additional resources will help us to continue realizing our mission which is to make lending and borrowing globally accessible. We are happy to have such experienced investors supporting us on this exciting journey,” said Bitbond founder & CEO Radoslav Albrecht.

Bitbond will use the additional funds to grow its user base and to increase its activity in emerging markets which are underserved by traditional lenders.

Bitbond is a global bitcoin lending platform.