Pawngo Named Start-Up To Watch In 2012 By Inc. Magazine

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Pawngo, the First Online Pawn Shop Setting the Standard in the Digital Pawning Industry, Has Gained Notoriety From Recent Success

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Launched in 2011, Pawngo, the first full-service online pawn shop in the United States, venture-backed by Daylight Partners, Access Venture Partners and Lightbank, (the $100 million dollar fund that was started by the founders of Groupon), announced today they have been named by Inc. Magazine as a Top 7 Start-up to Watch in 2012.

Pawngo is the first full-service online pawn shop in the US and allows individuals immediate access to the cash they need for life’s countless unexpected moments without leaving the comfort of their homes. Pawngo has eliminated the embarrassment and hassle of going to a brick-and-mortar pawn shop by giving consumers confidence to conduct the entire transaction on Pawngo’s secure platform. As evidence of the market for this unique lending model, the company to-date has funded more than $5 million in 48 states.

Every year, Inc. Magazine names seven start-up companies that have generated plenty of buzz in the prior year, but are now set to take the spotlight. Birchbox, Expensify, Black Locus, Pinterest, TaskeRabbit, and Slice round out the other six start-ups that got the honor from Inc.’s Top 7 Start-ups to Watch in 2012.

CEO and founder of Pawngo, Todd Hills, who has seen the pawn industry rapidly change from the traditional brick and mortar shops over his 24 prior years in the industry stated, “The entire team at Pawngo is both proud and excited by Inc.’s announcement. It shows how far we have come with our hard work and dedication to revolutionizing the pawn industry. While we will enjoy the honor we have already began looking forward to 2012 and how we can continue our already stellar performance in the industry.”

For more information, visit http://www.pawngo.com.

About Pawngo
Pawngo is the first full-service online pawn shop in the US and allows individuals immediate access to the cash they need for life’s countless unexpected moments without leaving the comfort of their homes. The secure, discreet online process eliminates the embarrassment and hassle of going to a brick-and-mortar pawn shop by enabling consumers to conduct the entire transaction from the privacy and convenience of their own home. As evidence of the market for this unique lending model, the company to-date has funded more than $5 million in 48 states. For more information, visit http://www.pawngo.com.

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