Bringing Pawn Shops to the Present with APIs

Bringing Pawn Shops to the Present with APIs

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, January 5, 2023

With inflation causing rising prices everywhere, will pawn shops make a comeback? This company is looking to revolutionize the way pawn shops do business with a new lending platform and API process.

No longer does an individual who wants to pawn their jewelry need to leave their house. PawnTrust ’s (DWIS ) new tool on collects data to create a platform listing verified, active pawn brokers around the country.

According to the firm’s press release, when a consumer chooses to pawn or sell an item through PawnTrust they have access to over 7,825 verified pawn shops and access to a platform that connects pawn shop data from thousands of sources in the U.S. 

The PawnTrust site is expected to go e live by the second quarter of 2023. Shares have been steadily climbing since mid-November, and ended Wednesday trade at $0.239.

 


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