Bitbond is the first global business lending platform. Bitbond was founded in 2013 and is based in Berlin, Germany. Over 3,000 loans have been funded on the platform. 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 is a security token issued by Bitbond Finance GmbH, a 100% subsidiary of Bitbond.
Bitbond Finance’s STO prospectus is fully compliant with EU Prospectus Regulation.