OTCPK:DWIS - Post by User
Post by
zephewlion Dec 28, 2022 10:18am
91 Views
Post# 35193409
$DWIS brings the traditional pawnshop experience online.
$DWIS brings the traditional pawnshop experience online.Increasing demand for short-term loans is expected to augment the growth of the U.S. pawn shop market during the forecast period. For example, the National Pawnbrokers Association reports that the average pawn shop loan in the United States is $150. Moreover, pawn shops have recently gone digital, with sites like PawnTrust, a Dinewise company, claiming they lend up to US$2 million for the right items. This in turn is expected to propel market growth. Since the acquisition of PawnTrust, DWIS has been advancing their expertise in the growing pawnbroking and microfinance industries, as some analysts suggest that the next recession is just around the corner.
With the recent all-stock acquisition of PawnTrust, an online platform encompassing all loaning options and a database of certified pawnbrokers and lenders, $DWIS is advancing aggressively in the pawnshop and microfinance industries, ultimately connecting the borrower to the lender virtually. This AI- and data-infused system is poised to transform the conventional pawnshop experience and provide both parties with more convenient and authentic ways to exchange assets.