BITBOND STO - First Global Business Loan Platform


Hello everyone, this new post I want to introduce about a very interesting and good project that is Bitbond, and for more details, let's just go to the following discussion:

What is Bitbond?
Bitbond is the first global business lending platform

Bitbond was founded in 2013 and is based in Berlin, Germany
€5M in equity financing from venture capital funds and business angels
€13M+ worth of SME loans funded in over 80 countries
Over 3,000 loans have been funded on the platform
Retail and institutional investors finance business loans globally
Germany’s first BaFin regulated blockchain company

Pipeline:

50 Grow our team to 50 people in 2019
€1B Expected annual loan volume by 2022: €1 billion

Bitbond’s business model

Bitbond makes revenue by charging origination fees to borrowers and repayment fees to investors. The origination fees range from 2-3% of the loan amount. The repayment fee ranges from 0.5-1.5% of the total repayments.

BB1 Token sale

SECURITY TOKEN
BB1 is a security token issued by Bitbond Finance GmbH (Bitbond subsidiary)
Bitbond Finance’s STO prospectus is fully compliant with EU Prospectus Regulation.

ACCEPTED CURRENCIES
Euro (SEPA) Stellar (XLM) Bitcoin (BTC) Ether (ETH)

DISCOUNT CODE
Use BB1STO to enjoy a 3% discount on your BB1 tokens! 

MATURITY
Bitbond Finance will buy back the token at the original price of €1 after 10 years. 

ISSUE
Tokens are only generated if they are bought.

Use of funds raised


RELATION BETWEEN BITBOND AND BITBOND FINANCE


Bitbond Finance leverages the Stellar blockchain to provide efficient and instant international transactions.

As a Token holder you will benefit from:

Instant transferability
The BB1 is distributed to the investors’ wallets when the STO subscription period concludes and becomes immediately transferable

Efficient transactions
Stellar is more efficient than other blockchains, drastically reducing the cost of global payment transactions.

Easy setup

When purchasing the BB1 Token, Token holders will automatically receive a Stellar Wallet. Holders can also use existing Stellar wallets.

Bitbond's Investors & Team
Bitbond has attracted some of the best venture capitalists and advisors in the Fintech space.

Investors


Team






To find more relevant details please follow several sources for the following references:



Author: samuraijin
ETH Address: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
Affiliate link: https://www.bitbondsto.com/?a=BIWLXS

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