Pesto

Private Company

Technology, Information and Internet
11-50 employees
Founded 2020

About Pesto

Pesto provides an alternative to high-interest loans by offering asset-backed secured credit cards. It primarily serves consumers with poor or no credit history, allowing them to use valuable items as collateral to secure a credit line and build their credit score. Additionally, Pesto offers a B2B platform that enables other brands and financial institutions to launch their own revolving secured credit card programs.

Company Classification

Customer Types
B2CB2BB2B2C
Business Models
ServicesSubscription
Product & Service Types
Asset-backed secured credit cardsCredit-building financial servicesB2B credit card program platform

Funding

Total Funding

$11.13M

No. of Funding Rounds

2

Customers

CustomerSuccess StorySource
Continental Bank
Issued credit cards to Pesto customers based on the value of their assets sent as collateral.

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