Yenmo
Secured consumer lending in India
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.
Topics
- Team size
- 5 employees
- YC batch
- Winter 2024
- Status
- Active
- Stage
- Early stage
