Tuesday, 4 March 2014

Borro, The High-End Online Pawnshop, Raises $112M To Fill Its Finance Pool, Expand In U.S.

Borro, an online platform that lets people borrow cash and put up luxury watches, art and other fine goods as collateral, is today announcing a new funding round of $112 million, coming entirely from one backer, Victory Park Capital. Paul Aitken, Borro's founder and CEO, tells me that the money will be used to continue to grow out its business in the markets where it is active -- the UK and the… Read More

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