Articles from Yendo

Yendo, a fintech company serving main street consumers, today announced a $200 million funding commitment from i80 Group. The new capital will supply up to $200 million in new credit card originations, enabling Yendo to continue to scale its customer base and bring responsible credit products to consumers across the country.

Yendo, the company behind the first-ever vehicle-secured credit card, today announced a $50 million Series B funding round including investors Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Mark Cuban, and Clocktower Technology Ventures, among others. The funding will accelerate Yendo’s expansion beyond secured lending as it builds an AI-powered digital bank for the millions of Americans underserved by traditional financial institutions. As part of the raise, Logan Green, Co-founder of Lyft and Venture Partner at Autotech Ventures, and Spice Expeditions founder Nick Huber will join Yendo’s board of directors.

Yendo, the fintech startup known for offering the first-ever vehicle equity-backed credit card, today announced the appointment of Thibault Fulconis as Chief Financial Officer. Fulconis brings more than three decades of leadership and financial experience to Yendo, which will be used to help the company scale. In his new role, Fulconis will oversee all financial operations, including strategic planning, capital markets, and financial reporting.

Yendo, the company that created the first-ever vehicle-secured credit card, today announced the close of $150 million in debt financing led by i80 Group. The financing will be used to fuel customer growth, introduce new products and expedite the expansion of the company’s offerings across all 50 states. Specifically, Yendo will use the financing to fund the growth of originations on its platform, which will enable the company to extend credit to more Americans at affordable rates. In addition to the debt facility, Yendo has raised $15 million in equity from undisclosed strategic investors.

Yendo, the company that created the first-ever vehicle-secured credit card, today announced the closing of its $24 million in Series A financing, led by FPV Ventures, along with existing investors Human Capital and Autotech Ventures. This marks a significant milestone for Yendo, a company that provides a prime credit offering to the millions of Americans who previously lacked access to the financial system because of their credit score. The funding will fuel the next phase of growth for Yendo, enabling the company to make key hires, enhance the product experience and help more people by expanding into more states. As part of the deal, lead investor Wesley Chan will join the board.