PawnUp.com operates a full-scale online pawn shop in Canada that provides customers with fast cash online. The service accepts items as collateral and does not require credit checks or proof of employment. The company says it will widen the list of items accepted and continue efforts to increase awareness of its online pawn offering. It recently received a venture capital funding round of undisclosed size to support those plans. Backers and financial details were not disclosed in the article, and no operating metrics were provided. The service is positioned as a place where people can get cash quickly online whenever they need it. PawnUp.com is a Montreal, QC, Canada-based provider of online pawn shop services and pawn loans. The company offers online loans secured by a wide range of items, including jewelry, collectibles, art, precious metals, watches, loose stones, and antiques, and operates an online pawn shop that provides free evaluations and quotes via a brief online application. PawnUp insures all items and provides pre-paid FedEx shipping to and from its secure facilities. The company raised $250K in venture capital funding and previously received angel investment in the second quarter of 2011. PawnUp intends to use the funds to expand throughout Canada and to increase awareness of its service. Investors in the current round remained undisclosed.

Total raised

$0M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2011