Yellow Metal
Gold loans in 10 minutes, no hidden charges
India · Founded 2019 · $3.0M raised
- Employees
- 11–50
- Founded
- 2019
- Business Model
- B2C
- Website
- yellowmetal.co
- Total Funding
- $3.0M
- Last Round
- $3.0M SeedMar 2023
- Rounds
- 1
About
Yellow Metal is an RBI-licensed NBFC founded in 2019 that provides fast, transparent gold loans to rural and semi-urban households across India. The company disburses asset-backed credit using household gold as collateral, completing the process in as little as 10 minutes at the customer's doorstep with no hidden fees, processing fees, or valuation charges. More than 50% of Yellow Metal's customers are accessing formal or organised credit for the first time, making the company a key enabler of financial inclusion in underserved small towns. The platform serves communities in Karnataka and Andhra Pradesh, operating in local languages including Kannada and Telugu.
Summary
Yellow Metal is a Fintech company based in India, founded in 2019. It has raised $3.0M in total across 1 round, most recently a $3.0M Seed round in Mar 2023. Investors include MSA Novo, Spiral Ventures and Waterbridge Ventures.
Tech & App Stack
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Funding History
Mar 2023
Investors
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