Borro has been awarded a Distinguished Honouree medal for Company of the Year in the financial services category for the International Business Awards 2011.

The International Business Awards (IBAs) are a global business awards programme honouring great performances in business.

Honourees were determined through two rounds of judging by close to 200 professionals worldwide and selected from more than 3,000 entries received from organisations and individuals in more than 40 nations.

Each award, nicknamed the ‘Stevie’ for the Greek word ‘crowned’ will be presented to honourees at a gala event on 11 October in the Emirates Palace Hotel in Abu Dhabi.

Paul Aitken, CEO of borro, said: “We’re delighted to have earned a Distinguished Honouree medal in the Financial Services category. This is a fantastic achievement for the business. We have created a completely new market over the last couple of years