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
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
Phone
Undisclosed
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
Pesto LinkedIn Company Profile
Social Media
Pesto Company Twitter Account
Company News
Pesto News
Facebook
Pesto on Facebook
YouTube
Pesto on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ayush Jaiswal
  Ayush Jaiswal LinkedIn Profile  Ayush Jaiswal Twitter Account  Ayush Jaiswal News  Ayush Jaiswal on Facebook
Chief Technical Officer
Rahul Jaimini
  Rahul Jaimini LinkedIn Profile  Rahul Jaimini Twitter Account  Rahul Jaimini News  Rahul Jaimini on Facebook
Co-Founder
Aashish Barwale
  Aashish Barwale LinkedIn Profile  Aashish Barwale Twitter Account  Aashish Barwale News  Aashish Barwale on Facebook


 

 

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Prev: 5/25/2023: HostGPO venture capital transaction
Next: 5/25/2023: Sera Systems venture capital transaction

 

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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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