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Yenmo

Winter 2024Active

Secured consumer lending in India

Save
Yenmo logo

Yenmo

Winter 2024Active

Secured consumer lending in India

Save
Company details

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.

Location
Bengaluru, KA, India
Founded
Unknown
Category
Fintech
YC Directory Pageyenmo.in
Founders
  • AP
    Ashutosh Purohit
    Founder
    X / TwitterLinkedIn
  • AA
    Aryan Agarwal
    Founder
    X / TwitterLinkedIn

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.

Location
Bengaluru, KA, India
Founded
Unknown
Category
Fintech
YC Directory Pageyenmo.in
Founders
  • AP
    Ashutosh Purohit
    Founder
    X / TwitterLinkedIn
  • AA
    Aryan Agarwal
    Founder
    X / TwitterLinkedIn
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