Tech Company Financing Transactions
Yendo Funding Round
On 5/17/2024, Yendo raised $165 million in funding from i80 Group.
Transaction Overview
Company Name
Announced On
5/17/2024
Transaction Type
Debt
Amount
$165,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for the growth of originations on its platform, which will enable the company to extend credit to more Americans at affordable rates.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3309 Elm St 340
Dallas, TX Undisclosed
USA
Dallas, TX Undisclosed
USA
Phone
Website
Email Address
Overview
At Yendo, we want to reshape the lending industry to help rather than hurt. We were frustrated by seeing title and personal loan companies hit people with high interest rates and fees, and knew we could provide a new, better way.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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