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.
Company Growth (employees)
New York, US
Size (employees)
71 (est)
Borro was founded in 2008 and is headquartered in New York, US

Key People 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
Ray Palmer

Ray Palmer

Retail Operations Director
Paul Duncan

Paul Duncan

Chief Technical Officer

Borro Office Locations

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

Borro Data and Metrics

Summary Metrics

Founding Date


Total Funding

$184.3 m

Latest funding size

$6.8 m

Time since last funding

7 months


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

Borro Financial Metrics

Borro's revenue was reported to be £1.1 m in FY, 2015

Revenue (FY, 2015)

1.1 m

Gross profit (FY, 2015)

230.5 k

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

(2.2 m)

Cash (31-Dec-2015)

384.8 k
GBPFY, 2015


1.1 m

Cost of goods sold

819.8 k

Gross profit

230.5 k

Gross profit Margin, %


Operating expense total

2.3 m

Pre tax profit

(2.3 m)

Net Income

(2.2 m)
GBPFY, 2015


384.8 k

Current Assets

847.5 k


149.2 k

Total Assets

996.7 k

Accounts Payable

652.3 k

Current Liabilities

3.3 m

Total Liabilities

7.3 m

Retained Earnings

(2.2 m)

Total Equity

(6.3 m)

Financial Leverage

-0.2 x
GBPFY, 2015

Income Taxes Paid

94 k
GBPY, 2015


14.8 k

Financial Leverage

-0.2 x

Traffic Overview of Borro

Borro Online and Social Media Presence

Borro News and Updates

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Government borrowing is at its lowest since 2008

The deficit in government spending fell to its lowest level since the global financial crisis in the last financial year despite a bump upwards in borrowing in March. Public sector net borrowing fell by £20bn to reach £52bn for the year from April to March, according to the Office for National St…

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While attempts at repealing Obamacare appear dead (at least for the foreseeable future), US president Donald Trump still has an opportunity to tackle the soaring…

Government borrowing lower than expected, giving Hammond much-needed boost

Chancellor Philip Hammond remains on track to hit his deficit reduction target after the latest figures showed government borrowing in February at its lowest since 2007. The government has borrowed £47.8bn in the financial year-to-date, according to the Office for National Statistics (ONS). Pu…

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People who fall behind on their student loans can now be charged thousands of dollars in late fees, even if they immediately attempt to catch up. View Entire Post ›
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Borro Company Life and Culture

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