Yenmo Secures $1.56M Seed Round to Revolutionize Affordable Lending and Financial Empowerment

Yenmo is proud to announce its latest funding milestone, having successfully raised 1,560,000 to propel our mission of revolutionizing the lending landscape. At Yenmo, we believe there is a better way to lend money – one where low interest rates and respectful customer support take center stage. This new funding injection will allow us to enhance our innovative platform which is designed to make borrowing both affordable and accessible, ensuring that our customers not only manage their finances better but also have the resources to increase their net worth, even when taking a loan. With this capital, we are excited to invest further in our technology, customer service initiatives, and strategic partnerships that will help build a more financially sound ecosystem for all. Our commitment to promoting healthy financial behavior remains at the forefront of everything we do, guiding us as we develop forward-thinking solutions that address the pain points of conventional lending practices such as exorbitant interest rates and intrusive communication. As we embark on this promising phase of growth, our focus continues to be on building a modern, customer-first approach to lending that embodies transparency and respect, steering us towards a future where a financially sound India is within reach. We invite you to join us on this exciting journey by downloading the Yenmo app today and experiencing firsthand the difference in our commitment to affordable, accessible lending. For more details or to discuss our vision, please feel free to reach out to us at founders@yenmo.in.