Borro up for European FinTech Award

Borro’s lending platform has been nominated in the Alternative Finance category at the European FinTech Awards.

The platform provides flexible and fast finance for property and luxury assets including watches and cars.

The European FinTech Awards brings together companies from across Europe and showcases the best technology-based solutions for a range of financial needs.

Each nominated company is assessed by a panel of expert judges from a number of major global banks and venture capital firms.

Based on their assessment, and the outcome of public voting, companies become part of the FinTech 100 before progressing to the final awards.

Paul Aitken, CEO and Founder, said Borro’s recognition on the European stage showed just how innovative the online lender is.

He claimed just a few companies could do what Borro had done, having expanded into property lending in a matter of months.

“We were able to do this because we leverage technology in a way other lenders don’t,” said Paul.

“Clients now come to us for lending on property and luxury assets at the same time.

“We offer a single platform that lets them raise bridging finance and use other assets to cover shortfalls.

 

“Clients use jewellery, watches, and art to cover costs that would otherwise hold up the bridging process.”

 

Voting closes on 15th March and the final awards ceremony takes place in Amsterdam on 14th April.

To view Borro’s page and vote, please click here.

 

Read the original article on Bridging & Commercial.

About the Author:

Jay wrote about luxury asset trends for Borro Private Finance