Groupon founders launch digitalized pawnshop

560 views · Published 14 June 2011 · 0:31 · Indexed 25 October 2026

Channel: News Direct · 2011 · News & Politics

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People struggling with their finances now have a new option to get short-term loans. Groupon founders Eric Lefkofsky and Brad Keywell have launched an online pawnshop that allows people to secure loans of up to US$100,000 for up to six months. Customers upload pictures and a description of the items they want to pawn and receive a quote. They then ship the items to Pawngo for confirmation and receive the money via wire transfer.

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