Yendo Raises $165M in Funding
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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Founders Jordan Miller, George Utkov, and Daniel Ashy's company, Yendo, grew over 700% in 2023 as they provide prime credit access for those that need it most by unlocking equity trapped in their most valuable asset, their cars.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Otto, a fintech startup which aims to allow people to tap into their vehicle’s equity for access to credit, has raised $4.5 million in a seed round of funding. The Dallas-based company is building a mobile platform that will essentially let people borrow against their vehicles at the same interest rate as standard credit cards. […]