Overview of Transaction

• In February 2015, Borro closed a $19,500,000 growth financing round led by OurCrowd and Rocket Internet
• Borro is a leader in personal asset lending in the US and UK
• Its award winning lending platform enables individuals and business owners to obtain funding quickly and effectively at low cost to alternative sources
• Proprietary technology revolutionizes the traditional personal asset-backed lending model
• OurCrowd is an equity-based crowdfunding platform focused in Israel. It is composed of select accredited investors and provides alternative means to venture capital and growth financing for early stage companies
• Rocket Internet AG is a German Internet platform focused on identifying and building proven Internet business models and transferring them to new, underserved or untapped markets

Significance of Transaction

• This investment will enable Borro to continue its expansion into new geographies such as South America and Asia, and expand the instruments that it uses to finance its loans, including crowd funding and longer term loans
• This financing demonstrates continued investor interest for alternative lending models, particularly for underserved markets; Borro solves the liquidity problem for individuals and small businesses that are having difficultly finding fast and affordable credit through traditional channels with slow processes or unattractive terms
• Additional funding will help Borro to continue addressing this underserved market, while allowing the Company to aggressively pursue new territories and refine its existing service

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to Borro and its Board of Directors
• Transaction demonstrates FT Partners' continued strength in the Banking sector, with a growing focus on tech-enabled lending