Private Equity Incubation/Acceleration
Fintech startup Yenmo raises $500-K from Y Combinator
Source Yenmo (opens in a new tab)Business Standard (opens in a new tab)
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.