Founded in 2021, Dallas-based Yendo has built the first vehicle-secured credit card that lets users pledge the equity in assets such as cars or homes to obtain revolving credit at fixed, affordable rates. The company’s patent-pending AI infrastructure autonomously verifies and perfects security interests in minutes, slashing origination costs and enabling average credit limits eight times higher than standard unsecured cards. Yendo passes these efficiency savings to customers through prime-like interest rates and richer rewards. The platform has achieved double-digit growth in both revenue and originations while serving consumers in 45 states. Management reports that the product has already saved users more than $150 million in interest and fees. With a full line of credit card products in development, Yendo aims to broaden financial access for underserved borrowers nationwide.

Total raised

$439M

Funding rounds

5

Latest round

Debt Financing

Latest activity

Feb 2026