TL;DR: Yenmo is a Y Combinator Winter 2024 startup Secured consumer lending in India, currently active with a team of 5.
Secured consumer lending in India
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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.
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Yes. Yenmo was funded by Y Combinator in the Winter 2024 batch. Secured consumer lending in India
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 -…
Yenmo was part of Y Combinator's Winter 2024 batch.
Yenmo has a team of 5 people according to Y Combinator's directory.
Yenmo is currently listed as Active with a team of 5 in Y Combinator's directory.
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