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Bridging The Gap Between Pawn Shop And Bank, Borro Raises $26M Led By Canaan Partners

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http://techcrunch.com – Borro, a personal asset lending platform, has just received a massive $26 million funding round led by Canaan Partners. The service essentially classes up the idea of collateral loans, offering up to $1 million secured against high-end personal assets. This includes fine art, jewelry, antiques, luxury watches, classic cars, fine wine, or anything else you own that is worth more than a few Benjamins. And if that weren’t good enough, most of the process is conducted online, saving the user time and energy. Essentially, it’s all about liquidity. People may have valuable goods but no ()