Incubation/Acceleration

Fintech startup Yenmo raises $500-K from Y Combinator

Business Standard   Yenmo  

Yenmo , a Bengaluru-based platform providing instant loans against mutual funds, has raised USD 500,000 from Silicon Valley-based startup accelerator Y Combinator.Yenmo offers a full-stack API (application programming interface) solution for companies to integrate loans against mutual funds into their products. It further plans to launch new products like loans against stocks, insurance, digital gold, and land.

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