Yendo: $50 Million Series B Raised For Vehicle-Secured Credit Card
Summary
Yendo raised $50 million in a Series B round to accelerate its move beyond vehicle-secured lending and toward a broader AI-powered digital bank. The company plans to launch several new financial products in the fourth quarter of 2025. It also added Logan Green and Nick Huber to its board to support the next stage of growth. Yendo says its proprietary AI automates underwriting, asset verification, and lien filings, lowering origination costs and helping it serve underserved borrowers at scale.
Funding
Amount
$50.0M
Total raised
Date
October 9, 2025
Announcement date
Investors
Pelion Venture Partners, Clocktower Technology Ventures
Lead investors
Company
yendo.com
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
Financial Technology
Credit Card Services
SaaS
Linked Companies
Yendo, Inc.
$1M to $5M