American Banker · Jun 2023
Explains Pesto’s secured Mastercard, its 29.99% APR and fee structure, the value-based collateral model, and the company’s early focus on Los Angeles and Atlanta.
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
Pesto (legal name PingLend, Inc.) is a San Francisco-based fintech company building an asset-backed secured credit card and card-program infrastructure. Its flagship product is Pesto Mastercard, which lets customers secure a credit line with valuables or cash and also gives brands and lenders a way to launch secured credit programs.
Primary product
Pesto Mastercard / Pesto Collateral Operating System
Founded
2020
Headquarters
San Francisco, California, United States
Team size
1-10
Work style
Remote
Industry
Technology, Information and Internet
Sub-industry
Fintech / asset-backed secured credit cards
Open Positions
0 jobs at Pesto
No open positions
Check back later for new openings