Founded in 2020, Simple Management Group (SMG) set out to modernize the pawn industry by combining compassionate, collateral-based lending with world-class retail execution. In 2021, SMG acquired CashWiz, expanding into 10 Caribbean nations with 21 stores in key markets like Jamaica, Barbados, and Turks & Caicos. This was followed by the 2022 acquisition of La Familia Pawn & Jewelry, adding 52 stores across Florida, Puerto Rico, Panama, Costa Rica and the Dominican Republic.
SMG is a fast-growing leader in consumer lending and retail pawn, operating more than 120 stores across 14 countries. Powered by our proprietary technology platform and a talented team of over 750 professionals, we consistently deliver strong performance with an average of $2 million in revenue per store. Looking ahead, we’re building toward a long-term vision of expanding to 1,000 stores —driven by innovation, operational excellence, and a deep commitment to the communities we serve.