Bitbond, a Berlin, Germany-based peer-to-peer bitcoin lending marketplace, raised $1.2m in funding.
The round was led by Şekip Can Gökalp, founder of Mobilike, with participation from Janis Zech and Andreas Bodczek, and Alexander Graubner-Müller.
The company, which has raised more than $2m to date, intends to use the funds for business development and operations expansion.
Led by Radoslav Albrecht, CEO, Jarek Nowotka, CTO, and Moritz Cremer, CFO, Bitbond is a global peer-to-peer bitcoin lending platform for small businesses which get access to loans while lenders earn profitable interest rates.
The platform has over 70k users, has funded 1.600k loans and has $1m in loan volume.