We believe that people who own luxury assets should be able to borrow against them or sell them with speed, privacy, and impeccable service.
For too many people, much-needed liquidity – required to seize opportunities or address unplanned events – is trapped in these lovely but illiquid luxury assets.
Banks don't provide these loans or purchases – unless you've got several million pounds on deposit. Nor do auction sites, galleries or antique dealers.
Borro does. We make loans and purchases swiftly and store your luxury assets in locations that are used by museums and auction houses.
We will arrange for the collection of your luxury assets or you can bring them yourself to one of our valuation centres for appraisal by one of our experts. They've all spent many years at places like Sotheby's, Christie's and Bonhams.
HQNew York, US
Size (employees)58 (est)+2%
Borro was founded in 2008 and is headquartered in New York, US
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Key People/Management at Borro

Paul Aitken

Paul Aitken

Founder and CEO
Sean Helmes

Sean Helmes

Product Manager
Claire Barrington-Jones

Claire Barrington-Jones

VP of Client Services
Matt Hawksworth

Matt Hawksworth

SVP of Operations
Samantha Lilley

Samantha Lilley

Head of Valuation
Jay Gohil

Jay Gohil

Senior Online Marketing Manager
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Borro Office Locations

Borro has an office in New York
New York, US (HQ)
767 3rd Avenue
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Borro Financials and Metrics

Summary Metrics

Founding Date


Borro total Funding

$184.3 m

Borro latest funding size

$6.79 m

Time since last funding

2 years ago

Borro investors

Borro's latest funding round in January 2017 was reported to be $6.8 m. In total, Borro has raised $184.3 m
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Borro Revenue

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Borro's revenue was reported to be £13.45 m in FY, 2016

Revenue (FY, 2016)

13.4 m

Gross profit (FY, 2016)

12.7 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(3.4 m)

EBITDA (FY, 2016)

2.6 m

EBIT (FY, 2016)

2.5 m

Cash (31-Dec-2016)

2 m
GBPFY, 2014FY, 2015FY, 2016


1.1 m1.1 m13.4 m

Revenue growth, %

Cost of goods sold

2 m819.8 k757.5 k

Gross profit

(900.7 k)230.5 k12.7 m
GBPFY, 2014FY, 2015FY, 2016


756.9 k384.8 k2 m

Accounts Receivable

12.8 k51.5 m


16 k5.2 k9.4 k

Current Assets

1.1 m847.5 k54.6 m
GBPFY, 2014FY, 2015FY, 2016

Net Income

(4.1 m)(2.2 m)(3.4 m)

Cash From Operating Activities

(15.9 m)

Cash From Financing Activities

22.8 m

Net Change in Cash

960.7 k
GBPY, 2016


199.7 k

Financial Leverage

-2.8 x
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Borro Online and Social Media Presence

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Borro News and Updates

Ameritech Financial to Student Loan Borrowers: Don't Fall for Emergency Scam Calls --Follow FTC Advice on How to Handle Them

ROHNERT PARK, Calif., Aug 16, 2018 /PRNewswire/ -- A woman is out shopping and receives a phone call. The caller claims to be her nephew, who is apparently in Cancun, Mexico, in jail. He says he needs bail immediately. The caller uses an urgent tone, emphasizing what an emergency he is...

American Financial Benefits Center: FTC's Consumer Protection Actions Can Help Student Loan Borrowers

EMERYVILLE, Calif., Aug. 16, 2018 /PRNewswire/ -- American Financial Benefits Center (AFBC), a document preparation company, applauds the Federal Trade Commission on its accomplishments in protecting consumers, promoting competition and maximizing resources. The company believes that...

Turkey Reverts Back to `Stealth' Tactics to Hike Borrowing Costs

Turkey Reverts Back to `Stealth' Tactics to Hike Borrowing Costs

Turkey Reverts Back to ‘Stealth’ Tactics to Hike Borrowing Costs

Turkey Reverts Back to `Stealth' Tactics to Hike Borrowing Costs

Ameritech Financial Cautions Student Loan Borrowers Struggling With Repayment to Be Wary of Get-Rich-Quick Schemes: Heed FTC Warnings

ROHNERT PARK, Calif., Aug. 15, 2018 /PRNewswire/ -- The rise of Amazon's Marketplace has made it easier to make supplemental income with relatively little time invested. How much money can be made selling products on Amazon? According to the Sellers Playbook, a series of workshops that...
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Borro Company Life and Culture

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