Tech Company Financing Transactions
Boro Funding Round
LexinFintech and private investors participated in a $12 million Series A venture round for Boro. The round was announced on 3/19/2020.
Transaction Overview
Company Name
Announced On
3/19/2020
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
LexinFintech (Lead Investor)
Proceeds Purpose
Boro will use its funding to expand its offerings to more colleges and universities in more states, and further improve its financial technologies by leveraging LexinFintech's expertise in serving underbanked Generation-Z users in China and managing risk with advanced technologies.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
530 W. Allegan St. 7th Floor
Lansing, MI 48933
USA
Lansing, MI 48933
USA
Phone
Website
Email Address
Overview
We're Boro. And we want to help all college students build a successful financial future. Boro got started way back in 2015, helping international students studying in the United States get access to smart and low-rate auto loans so they could get cars on campus.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hao Liu
Chief Operating Officer
Yifeng Ouyang
VP - Finance
Elena Samokhina
VP - Marketing
Jose Duarte
VP - Product Management
Siyun Lai
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