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Winter 2024Fintech

Yenmo

Secured consumer lending in India

Seoable for Yenmo

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About Yenmo

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.

Quick facts

YC Batch
Winter 2024
Headquarters
Bengaluru, India
Team size
5
Industry
Fintech • Fintech
Tags
fintech, lending, consumer-finance
Website
yenmo.in
Profiles
LinkedIn · Twitter

Founders

Ashutosh Purohit
Founder
Passionate about providing the best financial solutions for Indians! At Navi, I led the creation and growth of their Mutual fund arm, going from 0 to $625M AUM in a year. Previously, at Swiggy, I spearheaded expansion f…
Aryan Agarwal
Founder
Finance and Tech enthusiast working towards empowering Indians with new and innovative credit solutions. Worked at Browserstack for 2 Years before starting a Capital Management Company based out of India with over $2 mil…

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