| Founded | 2011 |
|---|---|
| Closed | 2018 |
| Country | UK |
| Sector | Fintech |
| Collapse type | Fire Sale |
| Founder | Paul Aitken |
Borro
"$112M discovered that luxury asset lending is just pawnbroking with a VC deck."
Distressed acquisition below last-round valuation
Key Events Timeline
Borro was a London-based online lending platform founded by Paul Aitken in 2011 offering short-term loans secured against luxury assets like watches, art, and jewelry.
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