Yendo, a Dallas-based financial technology company, recently announced a $50 million Series B funding round from investors including Spice Expeditions, Autotech Ventures and Mark Cuban. The company works to increase access to the American financial system through solutions like its vehicle-secured credit card.
Yendo aims to help unlock trapped equity from cars and homes through its asset-based credit products. Its platform leverages AI to automate underwriting, asset verification and lien filings, granting customers access to improved rates, rewards and higher credit limits than traditional offerings.
Backed by its new capital raise, Yendo has several product releases on the horizon throughout the rest of 2025. The company is working to expand beyond secured lending as it develops an AI-powered digital bank that will serve millions of Americans.
