Newly-released data report offers post-pandemic insight on pawnbroking industry

Industry’s first tech trend report aims to help pawnbrokers grow their business by understanding industry data

LAS VEGAS, NEVADA — JULY 8, 2021 — Bravo Store Systems today released the Pawn Tech Trend Report as part of their 2021 Roadmap.

“As the industry leader in developing first-to-market software solutions and services to niche industries,” CEO Tally Mack says, “we believe we are in a unique position to advocate for underserved and underrepresented markets through providing this critical insight. This report is something we’ve been talking about since January.” 

The purpose of the report is to share industry data with the people who help shape the landscape for pawnbrokers such as stakeholders, media, and lawmakers and to provide business operators with PawnTech trends that can help inform decisions about technology investments. 

“We are looking to spark an insightful dialogue among industry insiders as well as the public about the critical nature of the non-recourse, secured, safety-net credit supplied by pawnshops millions of times each year,” Mack added. “This data may also help clear up confusion about pawnshops as compared with other alternative lenders.”

A copy of the report is available at http://info.bravostoresystems.com/bravo-2021-pawntech-report