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    PawnHero

    Pawning experience, upgraded!

    Founded
    2014
    Headquarters
    Bonifacio Global City, Taguig
    Stage
    Series A
    Licences
    2
    BSP, SEC

    Overview

    PawnHero is the Philippines' first online pawnshop — billed as Southeast Asia's first — offering fast, discreet collateralized cash loans through its website and app. Filipinos pawn items like designer bags, watches, jewelry, gadgets, electronics and cameras, with free pickup in Metro Manila and surrounding areas, online appraisal, and remote loan renewals and redemptions. Interest rates start as low as 3.99% per month — among the lowest in the country — versus traditional pawnshops. Operated by PawnHero Pawnshop Philippines, Inc. (SEC- and BSP-regulated), it uses technology to make pawning convenient, transparent and hassle-free.

    Products

    • Online pawnshop (web + app)
    • Free item pickup / courier
    • Online appraisal
    • Loan renewal & redemption

    Serves

    Consumers

    Funding and ownership

    Stage

    Series A

    Investors and shareholders

    Kaikaku Fund500 Global (formerly 500 Startups)IMJ Investment Partners

    People

    • David MargendorffCo-Founder & Chairman

    Licences and certifications

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