This Stanford grad is taking on pawn shops with a new credit card startup

In recent years, there’s been no shortage of startups offering credit lines to the underbanked. Most talk about their mission to help people establish credit, which is noble, but they’re also extending credit because — let’s face it — lending out money is lucrative.
Now, a startup founded by Stanford grad James Savoldelli has found a new wedge into the same industry, and it’s through pawn shops.
Called Pesto, the idea is creative — and savvy. For those in dire financial straits, pawn shops are a bank of last resort.  A customer with a government ID lea

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