BeMyBond, a financial services company entering the bond investment market, raised €1 million in bonds within two days for their Užupio Personos project, using CreditOnline’s loan management system to manage the full investment lifecycle.
BeMyBond’s market entry
Launching a new financial services platform requires demonstrating to investors that transactions will be handled reliably and that their data is protected. BeMyBond needed a system that could automate investment processing, maintain security standards, and scale as the business grew. They chose CreditOnline’s platform as the technical foundation for the launch.
The Užupio Personos project
The Užupio Personos project was a residential development in Vilnius, Lithuania. BeMyBond offered bonds linked to the project with a 9% annual return over an 18-month term. CreditOnline’s platform managed all operations for the raise, from investor registration through to final payout.
The raise closed in two days. 166 investors participated, contributing an average of €6,024 each.
Platform capabilities that supported the raise
Three capabilities were central to the outcome:
- Automation: Investment processing and user account management were handled automatically, reducing manual work and the risk of processing errors.
- Security: The platform applied security protocols to protect investor data throughout the raise.
- Scalability: The system was built to handle increased transaction volumes without degradation in performance, which matters when a funding round closes quickly.
What the result demonstrates
A €1 million raise in two days is a meaningful result for a company’s first product launch. It depends on investor confidence in the platform handling the raise - both in the security of the transaction and in the reliability of the payout process at the end of the bond term. Creditonline holds ISO 9001 and ISO 27001 certifications and is GDPR compliant, which supported BeMyBond’s case to prospective investors.
The Užupio Personos raise shows that a well-configured loan management system can handle the operational requirements of a bond issuance from day one, without requiring a bespoke build.