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Pawn Shop Startup PawnHero Comes To Philippines

PYMNTS

Borrowers receive PawnHero cards that link to their mobile accounts, which are credited once the transaction is complete. The cards can then be used as debit cards at ATMs. One regional target in sight is South Asia — the region is estimated by the World Bank Group to the highest percentage of unbanked customers worldwide.

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242 Startup Failure Post-Mortems

CB Insights

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. Product: All Romance eBooks.

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