PawnHero explained

PawnHero is an online pawnshop that was launched in the Philippines in February 2015^[1] as PawnHero.ph, an online pawning and selling website managed by PawnHero Pawnshop Philippines Inc.^[2] It allowed smartphone users to pawn items.^[3] PawnHero is a licensed broker registered with the Bangko Sentral ng Pilipinas.^[4]

Funding

PawnHero received strategic seed funding from Sulficio Tagud, 500 Startups, IMJ Investment Partners, Kaikaku Fund (Softbank and Alibaba), and also from angel investors, such as Paul V. Rivera.

Awards

In March 2015, PawnHero won Judge's Choice in the Top 100 Startups Philippine Qualifiers for Echelon Asia Summit 2015. Three months later, it won the Judge's Choice Award as the Most Promising Startup in Asia at the Echelon Asia Summit 2015 in Singapore.^[5]

Notes and References

1. Web site: 15 Asian fintech startups worth looking at. www.techinasia.com. 2016-01-13. en-US. Solodkiy. Vladislav.
2. News: Balea. Judith. Pioneer online pawnshop PawnHero comes to the rescue of Filipinos with cash needs. 6 April 2015. Tech in Asia.
3. News: Santos. Jose Bimbo. Online pawnshop in the PH goes live. 6 April 2015. Interaksyon.com.
4. News: Barreiro Jr.. Victor. PawnHero's online pawnshop goes live in the Philippines. 6 April 2015. Rappler.
5. Web site: PH startup PawnHero Champions Echelon Asia Summit 2015. June 25, 2015. January 13, 2016. PH startup PawnHero Champions Echelon Asia Summit 2015. Deal Street Asia. Noda. Tomas.