- Total Funding
- $1.6M
- Last Round
- $1.1M SeedMay 2024
- Rounds
- 2
About
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.
Summary
Yenmo is a Fintech company based in Bengaluru, India. It has raised $1.6M in total across 2 rounds, most recently a $1.1M Seed round in May 2024. Investors include Y Combinator Continuity Fund, Pioneer Fund and ZAKA VC.
Tech & App Stack
4 technologies & apps tracked
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Funding History
May 2024
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Full funding history, per-round amounts, and investor participation.
Investors
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