The FinTech 50 2014 Mar. 2014 | Page 9

FinTech50 BORRO PAUL AITKEN, FOUNDER & CEO T hrough our innovative online platform, we have been providing an alternative source of finance to customers in the UK since 2008, and in the US since 2012 – servicing individuals and business owners who have been let down by traditional sources of finance. While multiple government schemes implemented over the past few years have had a dramatic effect on the mortgage and secured loan sector, banks and other traditional lenders are still in lending retrograde especially when it comes to SMEs. Invention is born out of necessity and while we have witnessed many “alternative” lenders enter (and leave) the market both in personal and business lending, we would argue that borro has paved the way as the non-bank provider of liquidity for individuals and entrepreneurs. About borro is the UK’s leading online personal asset lender. Individuals and business owners can secure loans of up to £1,000,000 against assets including fine art and antiques, prestige cars, wine collections, jewellery and more. Assets are valued by borro’s expert in-house valuation team, ensuring clients are offered the best possible loan value – and therefore ultimately a quick and simple liquidity solution. @BorroLoans BOTTOMLINE TECHNOLOGIES ROBERT EBERLE, PRESIDENT & CEO About Bottomline Technologies providets cloud-based payment, invoice and banking solutions to corporations, financial institutions and banks around the world. The company’s solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust Bottomline to meet their needs for cost reduction, competitive differentiation and optimization of working capital. @BottomLineTech