BTCJam

BTCjam is a San Francisco-based marketplace that facilitates borrowing and lending using Bitcoin. Serving a global clientele, BTCjam connects users from over 200 countries, enabling them to engage in peer-to-peer lending transactions. The platform has successfully facilitated $15 million in loans, leveraging the decentralized nature of Bitcoin to offer financial services across borders. BTCjam's business model revolves around transaction fees, which are charged to both borrowers and lenders for using the platform. The company has garnered investment from notable firms such as 500 Startups, Bitcoin Investment Trust, Foundation Capital, Funders Club, Pantera Capital, and Ribbit Capital. By providing an alternative to traditional banking systems, BTCjam aims to democratize access to credit and investment opportunities on a global scale.

Keywords: Bitcoin, lending, borrowing, peer-to-peer, global, marketplace, financial services, decentralized, investment, loans.