Mark Cuban-backed Yendo raises $4.5M to turn car equity into credit

Yendo, 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.

We believe that everyone should have access to affordable credit, regardless of their credit score or lack thereof. That's why we created Yendo, the world's first vehicle-secured credit card that offers affordable credit to the millions of Americans who have historically lacked access to mainstream financial products.