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Feature
Finosu
Finosu Payment Processing
Yenmo
Yenmo Payment Processing
Rating
4.1
4.0
Reviews 14 8
Category Payment Processing Payment Processing
Description

Hi - Mark and Gab here! We met while working at Alt, a marketplace for collectibles, where we built a $200 million specialty finance business line. At Alt, we faced the complex challenges that come with servicing consumer loans. We spent countless hours and resources developing internal tools to manage loan payments, communicate with borrowers, and keep track of loan performance—all while ensuring a positive experience for our customers. However, after dealing with the headaches of manual data entry, fragmented systems, delayed payments, lack of personalized borrower engagement, and the stress of maintaining accurate records, we knew there had to be a better way to service consumer loans. So, we started Finosu to build the servicer we wish we had—an AI-powered consumer loan servicer designed to streamline and enhance every aspect of the loan servicing process. Our mission is to transform loan servicing into a seamless, efficient, and customer-centric experience. The operational cost of servicing loans reaches into the tens of billions a year and that is money out of the pocket of lenders, borrowers, investors, and ultimately the consumers as a cost of doing business – we are changing that.

Yenmo offers a better way to access cash for India’s 65 million investors who either resort to personal loans at over 18% interest or have to liquidate their investments when in need of money. With Yenmo, they can pledge their investments digitally and instantly get a loan at a fixed 10.5% interest rate. Our Insight - In India, over 30% of personal loan borrowers have active investments and are paying double the interest rate they qualify for with us.

Website https://www.finosu.com https://yenmo.in/
Positives
"Love the integration options. Works perfectly with our stack."
Ms. Tamara Howell - 5/5
"Customer service is responsive and helpful."
Landen Osinski - 5/5
Negatives
"The interface is confusing and needs improvement."
Kiley Blick - 2/5
"Too complex for our needs. Not user-friendly."
Rigoberto Trantow - 2/5
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