OurCrowd portfolio company Borro, a leading online asset-backed lending platform, was featured on CNBC. Utilizing all modern technologies, Borro delivers liquidity to people with unprecedented speed and ease.
Online pawn shop Borro allows people to turn in their prized possessions like luxury watches or even cars for quick cash. The start-up accepts items worth at least $5,000 and returns them upon being paid back plus interest.
Founder Paul Aitken told CNBC the company had revenues of $17 million last year and is expecting to exceed $30 million this year.
Borro raised $7,159,920 from OurCrowd investors in 2015.
Read more on CNBC here.