PawnHero Philippines

1st Online Pawnshop in Southeast Asia

Product

The Most Promising Startup in Asia (Echelon, 2015 Winner).

In emerging markets countries like the Philippines only 2 out of 10 people have a bank account and less than 5% have a credit card. Most citizens don’t have access to affordable credit. Their only option is to borrow from pawnshops who charge extremely high interest rates.

PawnHero – the 1st online pawnshop in Southeast Asia, will solve the problem of expensive credit for base of the pyramid emerging markets consumers. We provide an easy, fair and convenient way of overcoming short-term cash needs.

Most pawnshops only accept jewellery, not your personal items such as gadgets, electronics, as well as mobile phones etc. Now you can pawn and sell these discreetly, without leaving the comfort of your home. The intimidating, embarrassing and time-consuming part of traveling to a pawnshop is the past; simply go online.

Founders

  • David Margendorff
Location

Manila, Philippines