Pesto

Pesto enables brands to launch their own secured revolving credit cards using the same infrastructure Pesto uses for its own Pesto Mastercard. The product centers on offering an asset-backed, secured card program powered by Mastercard, with bank-issued backing and a model aimed at helping brands deploy credit card programs for their customers.

Pesto provides the infrastructure and program framework for brands to launch their own secured, revolving credit cards. The solution is powered by Mastercard and backed by a banking partner (Continental Bank), delivering a branded secured card program that brands can deploy with their own cardholder experience, fees, and terms. The model includes asset-backed cards, a defined APR (29.99% variable as of Dec 19, 2024), and a process that supports funding security deposits (e.g., minimum deposits) to back the credit limit, with optional financing of deposits and related processing fees as described in disclosures.

Who it’s for: Brands and organizations looking to issue their own secured credit card programs (private-label credit card programs) who want to leverage Pesto's infrastructure and Mastercard partnership to roll out a branded secured revolving card.

Careers/about us page; presence of disclosures and partner bank; demo/launch materials; mentions of a Mastercard-powered program; 2024 date on disclosures