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.
5 reasons for Bitbond’s fixed income investments
1. Diversify your investments globally
With Bitbond you can fund loans of small business owners from all around the world. This includes countries such as the UK, India, Germany and many others. Our AutoInvest tool will help you to create a globally diversifiedportfolio of loans. This way you become less exposed to economic cylces in individual countries. You can start with as little as $5.
2. Join over 1,800 happy investors
Bitbond has users from over 120 countries and is the first global marketplace lending platform for small business loans. Over 1,800 happy individual and institutional lenders have funded more than 1,300 loans through Bitbond. To make our global approach economically feasible, we use the bitcoin blockchain as a rail for cross-border payments.
3. Manage your risk easily
All borrowers on Bitbond are carefully checked. This includes a video identity verification and a thorough creditworthiness assessment. Applicants grant Bitbond read access to their business and seller accounts (eBay, Amazon, MecadoLibre, PayPal, bank account, accounting software etc.) for income verification. Our machine learning algorithm evaluates the data from these accounts plus we conduct a manual review. Each borrower gets a rating between A and F to let you choose the risk level that you are comfortable with. This helps to keep your fixed income investments safe on Bitbond
4. Unlock high interest rates
Banks offer historically low interest rates on fixed term deposits. The actual return is often negative when inflation is taken into account. Bitbond lets you avoid losing capital with interest rates of 10% to 35%. The expected return is approximately 13% per year in a diversified portfolio after bad debt. You can choose from loan terms of 6 weeks to 5 years. All of this while you help entrepreneurs to grow their business.
5. Invest conveniently online
On Bitbond everything is done online. From registration to investing. You don’t need to visit a bank branch or fill out papers. Our site is optimized for all types of screens which makes investing even more fun. If you don’t have the time to review loans manually you can set up AutoInvest which will create a diversified portfolio according to your preferences. Since Bitbond is so efficient, we charge 0% fees to lenders, meaning you keep all the returns from your fixed income investments.