Tech Company Financing Transactions
Pesto Funding Round
Activant Capital Group, Commerce Ventures and Core Innovation Capital participated in a $11 million funding round for Pesto. This VC investment round was announced on 5/25/2023.
Transaction Overview
Company Name
Announced On
5/25/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its customer base across the US, with an initial focus on Atlanta and Los Angeles.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
69 Regal Building Hanuman Area Road, Connaught Place New Del
New Delhi, Undisclosed
IN
New Delhi, Undisclosed
IN
Phone
Undisclosed
Website
Email Address
Overview
Affordable credit makes our lives more secure. It's there for emergencies, unexpected expenses, or when you need to bridge the gap to payday. Yet, too many people in America pay unaffordable interest rates and high fees to borrow from pawn shops. If you don't have access to traditional credit, you might think you have no other choice but to use high-interest-rate pawn loans. Pesto Mastercard is making credit more affordable, even if you don't have an excellent credit history or a good credit score.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ayush Jaiswal
Chief Technical Officer
Rahul Jaimini
Co-Founder
Aashish Barwale
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About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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