Located in Denver, Colorado, Pawngo/Lux Exchange is an online marketplace trafficking in luxury assets. Clients of the Pawngo/The Lux Exchange buy, sell and borrow against luxury assets valued up to and exceeding $5,000,000. The Lux Exchange platform transacts with assets such as: fine jewelry, diamonds, and gold; high-end, luxury watches; luxury handbags, purses and other accessories; luxury automobiles; fine art; collectibles and more.
The Company's lending platform provides a short-term answer to immediate financial need via collateralized loans of up to $5,000,000. Our secure, discreet online process allows our customers to conduct the entire transaction from the comfort and privacy of their own home. Pawngo's mission is to help individuals, families and small business owners get the cash they need quickly, without any risk to their credit, pay checks or personal financials. Pawngo has clients across the entire United States.
The Company is very active in the retail exchange of luxury assets. Pawngo/Lux Exchange buys and sells assets of the highest quality and value.
Pawngo/Lux Exchange is proud to be venture-backed by Daylight Partners out of Austin, Access Venture Partners out of Denver, and Chicago-based Lightbank, the $100 million fund started by the founders of Groupon.
Dewey Burke is President and CEO of Pawngo.com. Prior to joining Pawngo, Dewey was the COO at Jumping Jack Cash, a chain of collateral lending and retail stores in Denver. Dewey was responsible for driving the efficiency, operational growth and acquisition initiatives of Jumping Jack Cash and had full P&L responsibility. During his tenure, Jumping Jack Cash grew from 1 store and approximate revenue of $450k to 8 stores and over $7m in revenue. The loan portfolio grew from approximately $300k to over $1.8m. Dewey also led Jumping Jack Cash’s fundraising efforts, securing over $25m in financing offers from institutional and private investors and local banks.
Prior to joining Jumping Jack Cash, Dewey was Vice President of Operations at 1K1V, a $300 million sub-Saharan Africa-focused private equity fund targeting investments in the lower middle market. Prior to 1K1V, he was an Analyst and ran Business Development in the Private Equity Practice at Morrison & Foerster, one of the largest law firms in the world. At Morrison & Foerster he helped manage relationships with the firm’s private equity clients in Los Angeles, the Bay Area, Denver, Philadelphia, New York and Boston. Dewey spent the early part of his career as a serial entrepreneur building businesses in technology, educational services and sports.
Dewey graduated in 2007 from the University of North Carolina at Chapel Hill and holds a BA in Management with a second major in Economics. As a student-athlete at UNC he played Men’s Basketball for Hall of Fame Coach Roy Williams and was twice voted the team’s Most Inspirational Player by his teammates and coaches. He lives in Denver with his wife Megan and their daughter, Caroline.
Richard Shults is the Director of Lab Operations at Pawngo/Lux Exchange and is a Graduate Gemologist, certified by the Gemological Institute of America (GIA). Rich is in charge of all asset appraisals, loan decisions and sales directives of the Company.
Prior to joining Pawngo in 2011, Rich was the staff gemologist for Len Larson Jewelers, a Denver based company specializing in fine custom jewelry, estate and antique jewelry, fine and rare natural gemstones, Rolexes and other fine timepieces. He has over 25 years of experience in the fine jewelry and luxury asset business and is a Porsche aficionado.
Todd Hills is the co-founder and Chairman of Pawngo. After nearly 30 years owning and operating brick and mortar pawnshops, Hills decided to bring the 3,000 year-old industry online. Todd founded and launched the company to create a safe, confidential and fast alternative to traditional pawnshops.
Jim co-founded Internet Pawn, Inc. and manages the financials of the Company. Jim brings more than 20 years of comprehensive finance, administration, and executive experience. Prior to co-founding the company, Jim joined Jumping Jack Cash as CFO in 2006 and orchestrated the sale of its Colorado operations to EZCorp (NASDAQ EZPW) in 2007 and the Utah operations in 2011.