2015’s biggest investments: Borro £13m

Long term growth funding for luxury asset-backed lending platform Borro

Company: Borro
Description: Luxury asset-backed lending
Founders: Paul Aitken
Based in: London
Raised: £13m
Investors: OurCrowd, Rocket Internet, Canaan Partners, Eden Ventures, Augmentum Capital

They said:

 Borro founder and CEO Paul Aitken:

“This funding will enable us to accelerate our growth in our core US and UK businesses.  We will continue to grow through our already successful partnership channels as well as our expansion into new product areas.”

Jon Medved, founder and CEO of OurCrowd:

“Working with Borro marks the single largest equity crowdfunding round ever completed and demonstrates how equity crowdfunding can complement traditional funding sources.  We are thrilled to be investing in quality companies like Borro that are redefining the FinTech industry.”

Read more about the deal here.

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