New York, New York -- Financial services technology company Borro has received $5.9 million in online capital funding in January 2015, according to SEC regulatory filings.
Borro has developed an online service that provides loans based on luxury assets such as watches, classic cars, jewelry, precious stones and fine art.
Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.
The financing was facilitated by crowd capital marketplace OurCrowd.
Minimum investment size per investor was listed as $10,000.