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Pesto - About the company

Pesto is a series A company based in San Francisco (United States), founded in 2020 by James Savoldelli. It operates as an Online lending platform offering asset-backed credit cards. Pesto has raised $11M in funding from Y Combinator. The company has 3 active competitors, including 1 that is funded. Its top competitors include companies like Gild Card, Wale and Astra.

Company Details

Online lending platform offering asset-backed credit cards. It provides businesses and individuals with credit cards based on the valuation of the asset. It offers zero interest rate and provides loans without a credit score.
Social
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Email ID
*****@getpesto.com
Key Metrics
Founded Year
2020
Location
San Francisco, United States
Stage
Series A
Total Funding
$11M in 2 rounds
Latest Funding Round
Ranked
Employee Count
8 as on Aug 31, 2026
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Pesto's funding and investors

Pesto has raised a total funding of $11M over 2 rounds. Its first funding round was on 2021. Its latest funding round was a Series A round on May 25, 2023 for $*****. 12 investors participated in its latest round. Pesto has 12 institutional investors.

Here is the list of recent funding rounds of Pesto:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2023
1842306
Series A
1118192
3670764
3777563
3251543
2021
3098
Seed
2076
4992
9334
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Pesto's founders and board of directors

Founder? Claim Profile
The founders of Pesto is James Savoldelli. James Savoldelli is the CEO of Pesto.
Here are the details of Pesto's key team members:

Pesto's employee count trend

Pesto has 8 employees as of Aug 26. Here is Pesto's employee count trend over the years:
Employee count trend for Pesto
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Pesto's Competitors and alternates

Top competitors of Pesto include Gild Card, Wale and Astra. Here is the list of Top 10 competitors of Pesto, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Pesto
Pesto
2020, San Francisco (United States), Series A
Online lending platform offering asset-backed credit cards
$11M
43/100
2nd
Logo for Gild Card
Gild Card
2021, Chennai (India), Deadpooled
NFC-enabled credit card backed by fixed deposits and offering interest and gold rewards on spends
-
-
33/100
3rd
Logo for Wale
Wale
Unfunded
Provider of digital asset wallets and cross border payment cards
-
-
16/100
4th
Logo for Astra
Astra
2026, Brazil, Unfunded
Provider of cryptocurrency backed credit cards for consumer spending purposes
-
-
16/100
5th
Logo for Cybor Holding
Cybor Holding
2022, Sisli (Turkey), Deadpooled
Blockchain technology and digital asset exchange solutions
-
-
15/100
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Pesto's Investments and acquisitions

Pesto has made no investments or acquisitions yet.

Reports related to Pesto

Here is the latest report on Pesto's sector:

News related to Pesto

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FAQs about Pesto

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