iPawn, a Tyler, Texas-based online lender, raised $4m in a second funding.
The round was led by Rafi Gridron, with participation from other angel investors.
The company intends to use the capital for enhanced marketing efforts, R&D and increased loan funds for clients.
Founded in December 2011 and led by Ben De-Kalo, CEO, iPawn is an online lender of low-interest, asset-based, online loans.
The company holds a Pawn license issued by the Office of Consumer Credit Commissioner.