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Published on May 9, 2014
Bitbond.net connects borrowers and lenders globally. It is a peer-to-peer lending platform for the digital currency Bitcoin. Bitbond.net enables access to a worldwide loan market for everyone who has an internet connection. Main target borrowers are small businesses from emerging markets. They can grow their business independently from banks. Lenders on the other hand get access to a profitable fixed income asset class which yields around 10% annually. Bitbond.net charges an origination fee of 0.5% to 3.0% of the loan amount.