Funding Round · Neobank · 2025

Yendo raises $50M Series B for AI-powered digital bank

Yendo raised $50M Series B led by Mark Cuban, Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Clocktower Technology Ventures on October 9, 2025.

Primary
Yendo
Counterparty
Mark Cuban, Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Clocktower Technology Ventures
Amount
$50M
Structure
Series B
Date
October 9, 2025
Sub-sector
Neobank

AI-driven digital bank targeting 65 million underserved Americans with vehicle/home equity-backed credit products and drastically reduced origination costs.

Primary company
Yendo
Amount
$50M
Event date
October 9, 2025
Sub-sector
Neobank
HQ
Not disclosed
Structure
Series B
Source published
October 16, 2025
Publisher
Yahoo Finance / Benzinga

Source: finance.yahoo.com