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“This funding will enable us to accelerate our growth in our core US and UK businesses. We will continue to grow through our already successful partnership channels as well as our expansion into new product areas,” said Paul Aitken, founder and CEO of Borro. Over $6 million of the capital invested came from OurCrowd, a leading equity crowdfunding platform for accredited investors. Rocket Internet increased its stake in Borro to 10 percent, and existing investors Canaan Partners, Eden Ventures, and Augmentum Capital also participated in the funding round. “Working with Borro marks the single largest equity crowdfunding round ever completed and demonstrates how equity crowdfunding can complement traditional funding sources,” said Jon Medved, founder and CEO of OurCrowd. “The financial services sector is ready for major disruption by innovative online companies, and Borro is clearly one of them,” said Oliver Samwer, CEO of Rocket Internet.]]>