iPawn Raises $4M in a Second Funding

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.



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