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Yenmo

Seed

Secured consumer lending in India

yenmo.in

Yenmo offers a better way to access cash for India’s 65 million investors who either resort to personal loans at over 18% interest or have to liquidate their investments when in need of money. With Yenmo, they can pledge their investments digitally and instantly get a loan at a fixed 10.5% interest rate. Our Insight - In India, over 30% of personal loan borrowers have active investments and are paying double the interest rate they qualify for with us.

Record
SECTOR
Fintech
TAGS
Fintech, Lending, Consumer Finance
CITY
Bengaluru
FOUNDED
2024
TEAM SIZE
1-10