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StartupFintech

Yenmo

Loans against mutual funds and shares from 9.89% p.a

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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 starting at 9.89%. No annual fee, no foreclosure charge. 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.

FintechLendingConsumer Finance
Facts
Website
yenmo.in
City
Bengaluru
Country
India
YC batch
Winter 2024
Team
5 people
Stage
Early stage
AI-native
No

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