Borro
Finance · New York, United States · 51-200 Employees
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Overview
Headquarters
110 W 40th St, New York City, New York, ...Phone Number
(720) 458-6788Website
www.borro.comRevenue
$19.9 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
2
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About Borro
Borro, a Luxury Asset Capital brand, is the leading provider of confidential, non-bank loans that use borrowers' luxury assets as collateral. The company is a compelling alternative to selling luxury assets or traditional channels of financing that are often either too slow, invasive, and burdensome or, in some cases, unavailable. The company unlock the equity in a wide range of luxury assets that are high in value but low in liquidity and execute transactions from thousands to millions of dollars in as little as one business day.Explore more
Borro Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Borro is experiencing very low activity levels compared to other companies in the Finance sector.
What does this means?
Borro is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Borro.
Borro financials insights
Gather financial insights about Borro, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2008
Series A
$2.5M
2011
Series B
$12.1M
2012
Series C
$26M
2014
Series D
$112M
2015
Series E
$19.5M
2016
Other Financing Round
$25.4M
2017
Private Equity
$6.8M
Borro Tech Stack
A closer look at the technologies used by Borro
Most Recent Scoops
Partnership
Borro announced that Gordon Watson has joined the company's Board of Directors. As a Partner at Victory Park Capital, Watson is expected to lend his business experience to support the board's efforts.
Partnership
Borro announced that Tom Welch has joined the company's Board of Directors. As a Partner at Victory Park Capital, Welch is expected to lend his industry experience to support the board's efforts.
Funding
Spending/Investment, Funding
Funding
Borro recently secured $5.9 million in an unknown Series funding round.
Funding
Funding
Funding
Borro News & Media
Borro raises €350K for intelligent reusable cup deposit system
Borro, a Brussels-based startup that has developed an intelligent deposit system for reusable cups, has raised €350,000 in funding The adoption of reusable cups remains a pressing issue in the event i...Pawn Shop Market to See Competition Rise : Pawngo, Browns Pawnbrokers, UltraPawn
Pune, Maharashtra -- (SBWIRE) -- 12/08/2022 -- Stay up to date with Pawn Shop Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Read the full press release at http://www.sbwire.com/press-releases/pawn-shop-market-to-see-competition-rise-pawngo-browns-pawnbrokers-ultrapawn-1367745.htmLeading Collateral Lender Borro Announces Key 2020 Accomplishments and Business Results
DENVER--(BUSINESS WIRE)-- #alternativefinance--Collateral loan provider Borro grew its total loan amount by nearly 20% in its first calendar year of operations as a Luxury Asset Capital companyBorro Lowers Interest Rate to Get a Loan Against Rolex Watches
NEW YORK--(BUSINESS WIRE)-- #lending--Rolex owners needing cash can get a collateral loan from Borro instead of selling. Interest rates reduced by 20% for new loans through 12/31/2020
Read more news
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Frequently Asked Questions Regarding Borro
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Borro, a Luxury Asset Capital brand, is the leading provider of confidential, non-bank loans that use borrowers' luxury assets as collateral. The company is a compelling alternative to selling luxury assets or traditional channels of financing that are often either too slow, invasive, and burdensome or, in some cases, unavailable. The company unloc... Read More
