Lending and borrowing money using bitcoin just got a lot easier.
P2P bitcoin lending platform, Bitbond, has released its API for investors and developers. Quoted at Usebitcoins.info, company CEO and founder Radoslav Albrecht said the API “reflects Bitbond’s desire to make the lives of investors on our platform as easy as possible.”
Pictured (left to right): Bitbond co-founders Robert Nasiadek (CTO) and Radoslav Albrecht (CEO) demonstrating Bitbond AutoInvest.
Available with complete documentation, the Bitbond API gives investors and developers the ability to “customise and automate” the entire loan process, while providing ready access to Bitbond’s entire loan history data. “This allows investors to analyze data and to craft individual investment strategies based on it,” Albrecht explained. “We are sure that developers and investors alike will get terrific value from the Bitbond API.”
A few Bitbond statistics:
- More than 23,000 active users in more than 120 countries
- More than 1,1000 loans originated for a loan volume of more than $340,000
- Loans available up to $10,000 at rates beginning at 7.7%
- Terms range from six weeks to five years
Recent headlines for Bitbond include the launch of its bitcoin purchasing power index in November, and the beginning of its bitcoin affiliate program in September. Last summer, Bitbond was recognized as a “rising fintech startup” by Coin Telegraph.
Founded in January 2013 and headquartered in Berlin, Germany, Bitbond demonstrated its AutoInvest feature at FinovateEurope 2015. The company has raised more than $940,000 in funding; its most recent investment was an angel round led by Point Nine Capital in May 2015.