Sportingbet Founder Joins Board of
borro.com
21 March 2010
SPORTINGBET Founder Mark Blandford has Joined the Board of Online Pawnbroker borro.com, it was Announced Today.
Blandford, who was one of the First to see the Potential of Online Gambling when he Launched Sportingbet in 1998, and Grew it to Become one of the World's Largest Bookmaking Operations, says borro.com has 'Everything it Takes to Become Equally Successful'.
Just as Sportingbet was the first online bookmakers in the world when it launched, borro.com was the first online pawnbroking service in the UK and worldwide when it was created in 2008. Its aim is to revolutionise pawnbroking for a 21st Century audience, by making it accessible, convenient and discreet.
Founder and CEO Paul Aitken believes borro.com has proved how pawnbroking can become a modern fully-regulated financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Blandford, who floated Sportingbet on the AIM and was named AIM's Entrepreneur of the Year in 2002, and has since worked as a venture capital investor, said:
'I am tremendously excited by borro.com as a business model and by Paul Aitken's plans to grow the business. The potential of online pawnbroking is huge just as the potential of online gambling was in terms of bringing new audiences and markets to the sector. I am delighted to be working with the company and I hope to provide some inspiration and advice for Paul as he continues to develop borro.com.'
Paul Aitken said: 'We are extremely pleased that Mark Blandford is joining the board of borro.com. His experience in a similar sector at Sportingbet will prove invaluable to us and I believe his interest in our company is a fantastic endorsement for borro.com and its successful future.'
Based above the historic London Silver Vaults in Chancery Lane, London, and in Oxford, borro.com offers agreed short term loans against collateral to anyone contacting them online or through their sales team with appropriate goods.
It offers customers on average twice as much for their valuables than they would receive on the high street.
Uniquely, goods are valued by a team of borro.com experts who have all worked for leading auctioneers and salesrooms including Sotheby's and Bonhams. Bonhams is a privately owned British auction house founded in 1793. It is the third largest auctioneer after Sotheby's and Christie's, and conducts around 700 auctions per year.
The firm has London salerooms in New Bond Street and Knightsbridge. and Christies.
Smaller goods are sent to borro.com for valuation by same day special delivery service once they have been verbally accepted while larger goods are picked up by secure courier or can be personally brought by appointment to the company's London offices.
Goods are stored until redemption in the Silver Vaults historic London Silver Vaults underneath the company's Chancery Lane offices - one of the safest and most famous storage vaults in the UK with state-of-the-art security. The London Silver Vaults house the largest collection of silver in the world.