Are you a Mutual Fund Investor? Congratulations! You have a guaranteed loan waiting for you. Get the App today - https://yenmo.in/download If you’re thinking what the catch is, well there is none. Yenmo (YC W24)'s Loan Against Mutual Funds is a product you manifested. With Yenmo you can get a loan of 10.5% interest approved against your Mutual Fund investments. That’s MUCH lower than the average 25%-30% for personal loans. Applying for a loan is as Easy as 1-2-3! 1 - Pledge your mutual fund investments 2 - Select a loan amount 3 - Complete our instant KYC, and sign electronically That’s it! Repaying the loan is as easy as applying for it. You can pay the principal amount in parts or just pay the interest amount for up to 3 years until loan closure. Even with interest payments, you just pay interest on the amount of the loan withdrawn at a given point. This is a sign from the investment gods to do more with your Mutual Fund investments. Start today with Yenmo! Download the app today - https://yenmo.in/download Ashutosh Purohit | Aryan Agarwal #LoanAgainstMutualFunds #Credit #Cash #loan #MutualFunds #Investing #PersonalFinance #Smart #InformationPost #FinTech
Yenmo (YC W24)
Software Development
Bengaluru, Karnataka 1,702 followers
Never sell your investments again. Get an instant loan against your investments at a flat 10.5% interest!
About us
At Yenmo, we believe there is a better way to lend money. It shouldn't be with interest rates that burn a hole in your pocket, it shouldn't be pestering customers with calls and messages. Instead, it should be affordable, accessible, and with the highest priority being customer satisfaction. We hope to bring a modern way of lending which promotes healthy financial behavior. A behavior in which customers end up increasing their networth despite taking a loan. We hope to create a more financially sound ecosystem with Yenmo It's a long road, but we've strapped our bags and are walking. Walking towards a new financially sound India and we hope you'll join us on this journey! Download our app today! https://yenmo.in/download Want to speak with us? Shoot a mail to founders@yenmo.in
- Website
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https://yenmo.in/
External link for Yenmo (YC W24)
- Industry
- Software Development
- Company size
- 2-10 employees
- Headquarters
- Bengaluru, Karnataka
- Type
- Privately Held
Locations
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Primary
Get directions
BMTC Complex, Old Madiwala, Kuvempu Nagar, Stage 2, BTM Layout
Bengaluru, Karnataka 560068, IN
Employees at Yenmo (YC W24)
Updates
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Are Small-Cap Mutual Funds Right for Your Portfolio? 🤔 Small-cap funds are gaining traction as a top choice for long-term investors seeking high returns. Here’s what makes them unique: #SmallCapFunds #InvestSmart #MutualFunds #Yenmo #FinancialFreedom #MutualFundSahiHai #HighReturns #LongTermGrowth
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Sharks are around us! Many lenders still, to this day, engage in bad practices that make the lives of borrowers difficult. High interest rates, a lack of flexibility in loan repayments, and bad loan collection practices are just a few examples. We are here to change that. Being aware and choosing the right credit product for you is the smart move! #LoanShark #Lending #Credit #Loan #PredatoryLending #FinancialAwareness #ResponsibleLending #BorrowerRights #SmartBorrowing #CreditProducts #FinancialLiteracy #FairLending #LoanRepayment #ProtectYourself #FinancialWellbeing
Sharks are not only in the water 🦈 So we did something over the weekend. While brainstorming over some of the ways to communicate how we're different from traditional loan companies we thought of bringing back the dreaded Loan shark to life! If you were in MG road over the weekend you might have bumped into some "Sharks" on your way around. We had some people wear a shark costume roam the city, with the idea being that sharks are not only in the water - they're all around you wearing suit and ties - Loan sharks! At Yenmo (YC W24) we are loan shark killers. No more giving access to your personal information, no more paying high interest rates! It was fun interacting with folks at MG Road and clicking dozens of photos. Planning to do more such activities. If you're curious where the scanner (in the photo) leads to, check out the link in the comments!
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Are you investing in hundred's of mutual funds for diversification? Are you investing in hundred's of mutual funds for various financial goals? Experts suggest 20/25 Rule for your Mutual Fund investments, especially when you are investing for various financial goals! Swipe to know more -> #Investing #MutualFunds #2025Rule #Diversification Let us know your thoughts in comments ⌨
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Mutual Funds: Planning to invest this Diwali? ✨ 🪔 These are the sectors you can explore to invest and grow your wealth! #Diwali #Investing #MutualFunds #Growth #HighGrowthSectors P.S. Let us know if there any other sector you are bullish on
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Mutual Funds: How unlucky can you get? Even the worst-performing large-cap mutual funds on a 5-year SIP have outshined traditional investments like fixed deposits! While fixed returns may feel "safe," they often fail to keep up with inflation. Mutual funds, even at their lowest, harness the power of compounding and market growth, consistently delivering higher returns. So, why settle for less? Let your money grow smarter—invest in mutual funds for a future that beats the ordinary!
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When planning your retirement, it's essential to factor in inflation which averages around 4%-6% over the long term. A key way to beat inflation is by investing in mutual funds. For example, if you aim to save 1 crore for retirement, it might seem like enough today. However, if you take 5 to 10 years to save that amount, its value will decrease significantly due to inflation. The 1 crore you plan for today could be worth only ~30 lakhs in 2044. Why Invest in Mutual Funds? Over the long term, mutual funds have historically provided returns that outpace inflation. For instance, indices like Nifty deliver average returns of around 12% annually over the long run. Further, Mutual funds are managed by experts who make investment decisions on your behalf. By investing in mutual funds, you can maintain the purchasing power of your money, and safeguard your financial future. #RetirementPlanning #InvestSmart #yenmo #MutualFunds #BeatInflation #FinancialFuture #WealthManagement #InvestingTips #SecureRetirement #Nifty #PersonalFinance #GrowYourMoney
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Need quick cash? Get an instant loan against your mutual funds with Yenmo at just 10.5% interest. Fast, secure, and hassle-free! #Loanagainstmutualfunds #yenmo #finance #quickloan #instantloan
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𝐓𝐇𝐄 𝐑𝐎𝐀𝐃 𝐓𝐎 ₹ 𝟏 𝐂𝐑𝐎𝐑𝐄 Reach ₹ 1 crore by investing 15K monthly at 15% return for 15 years #1Crore #FirstCrore #Investing #Compounding #Growth #15_15_15_Rule
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Doing what’s right for the customer has always been our core motto, ingrained in our DNA. As customers navigate our app, the clear and concise details, along with simple explanations of our product, empower them to make informed and confident decisions. Our goal is to continue building the best possible experience for our customers! P.S. If you have any suggestions for product improvements or feedback, feel free to reach out via DM, or directly message our founders and founding team – Ashutosh Purohit, Aryan Agarwal, Vishal Phadke, Aditi Jain, Yash Shah, Brijesh patadiya #CustomerFirst #CustomerExperience #FinTech #ProductInnovation #UserFeedback #AppDevelopment #FinancialServices #TechForGood #CustomerEmpowerment #Startups #FinTechInnovation #CustomerSuccess
Something counter-intuitiuve I've learnt while building Yenmo (YC W24) : Sometimes it's better to add more steps in a product journey I'd always been told to reduce steps for the user, shorten their journey and convert more users. Adding extra steps is always looked as a "bad thing". While this could work for companies in other categories, I think Financial companies require something else - High Trust At Yenmo, we initially tried keeping journey as short as possible. Tap tap tap and you'd have completed your application. We soon realised customers were actually happy doing slightly more steps if it meant they got to understand the process better. So we made a call to focus on educating the customer at every step of the way rather than trying to simply cut down steps in a journey. It's still a work in progress, but I'm already seeing our customer support queries drop and conversions improve.