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Yenmo (YC W24) — Secured consumer lending in india

Yenmo appears in Y Combinator's company directory in the Winter 2024 batch, listed 2024-02-25. Secured consumer lending in India.

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Yenmo: Accepted into Y Combinator Winter 2024

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Yenmo

New accelerator entry · 2024-02-25 · the record

Winter 2024
batch
5
people
Early
stage
India
region
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In their words

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.

What the record says

BatchWinter 2024
Announced2024-02-25
StageEarly
StatusActive
Team size5
IndustryFintech
Sub-industryFintech -> Credit and Lending
SectorsFintech, Lending, Consumer Finance
RegionsIndia, South Asia
BasedBengaluru, KA, India
HiringNo
Sitehttps://yenmo.in/

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Sourced from the company's Y Combinator directory entry.

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Permanent URL: https://mentionfox.com/funding/yc-yenmo
Last updated 2026-09-26
Primary record: Y Combinator directory entry
Yenmo (YC W24) — Secured consumer lending in india. MentionFox, 2026-09-26. https://mentionfox.com/funding/yc-yenmo