Car-Secured Credit Card Startup Yendo Raises $24M

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Axios reports that Dallas-based specialty finance and fintech platform Yendo has completed a $24 million Series A which will support the business’s next phase of expansion. Along with existing partners Human Capital and Autotech Ventures, FPV Ventures served as the lead investor in the round. Yendo developed the “first-ever” vehicle-secured credit card and now offers prime credit to millions of Americans who previously couldn’t access the financial system.

Car-Secured Credit Card Startup Yendo Raises $24M