Yenmo (YC Winter 2024)

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

YC ID
28965
YC Batch
Winter 2024
Status
Active
Team size
5
Industry
Fintech, Credit and Lending
Tags
Fintech, Lending, Consumer Finance
YC profile
https://www.ycombinator.com/companies/yenmo

Last verified:

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.

Built by LemStudio

Building or buying SaaS? Try our founder tools →

Frequently asked questions

Is Yenmo a YC (Y Combinator) company?

Yes. Yenmo was funded by Y Combinator in the Winter 2024 batch. Secured consumer lending in India

What does Yenmo do?

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 -…

What YC batch was Yenmo in?

Yenmo was part of Y Combinator's Winter 2024 batch.

How big is Yenmo?

Yenmo has a team of 5 people according to Y Combinator's directory.

Is Yenmo still active?

Yenmo is currently listed as Active with a team of 5 in Y Combinator's directory.

More YC Winter 2024 companies

More Fintech YC startups

Explore related YC hubs

Loading interactive view…