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Yenmo

Secured consumer lending in India

Winter 2024Fintech / Fintech -> Credit and LendingBengaluru, KA, India5 employees
Fintech
Lending
Consumer Finance

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.

Founders (2)

Ashutosh Purohit
Founder
Aryan Agarwal
Founder

Details

Status
Active
Stage
Early
Team Size
5
Regions
India, South Asia