Berlin-headquartered BitBond, a global peer-to-peer (P2P) small business lending platform powered through bitcoin announced today a record month in loan volume in February. Investors on the platform helped originate over $100,000 in loans last month.
Founded in 2013, the company enables users to borrow bitcoins and investors to earn interest on their bitcoins on its international (P2P) marketplace.
The 28 days in February proved to be BitBond’s strongest month ever as the bitcoin price reached new all-time highs. Loans from more than 15 countries were funded.
In an attempt to incentivize further lending, BitBond announced the following program. Investors looking to reinvest their returns can earn a small cashback offer until the end of March. Specifically, investors can:
- Invest $200 or more to receive $10 cashback.
- Invest $500 or more to receive $25 cashback.
- Invest $2,000 or more to receive $100 cashback.
Total stats on the platform shown in total 79,000+ users registered, more than 1,600 funded loans and over $1.2 million in loan volume since the company launched.