Borro, the U.S. and UK-based online platform that people borrow money and put up luxury items as collateral, is today announcing $19 million in new funding led by strategic investments from Israel’s OurCrowd and Berlin’s Rocket Internet.CEO and founder Paul Aitken tells me that the funding will be used for two main areas: moving into new geographical markets and more financial services. Specifically, tapping into Rocket Internet’s expertise, Borro will soon be making its way to entering emerging markets in South America and Asia, and using know-how from OurCrowd it plans to expand the instruments that it uses to finance its loans, with new features including a LendingClub-style crowdfunding platform, and more extended loan times beyond the six-month range Borro offers today.Although Borro is not disclosing its valuation, Aitken tells me it is a
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