Exclusive: Fintech Yendo has raised $150 million in debt and $15 million in equity [Fortune]
Trinity Capital Inc. (TRIN)
US:NASDAQ Investor Relations:
lanb.com/home/about-us/news/2017/09/15/trinity-capital-corporation-commences-trading-on-otcqx-and-announces-dtc-eligibility
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Source: Fortune
“People want to work on payments, or things for ultra-high-net-worth individuals,” Miller told me over Zoom . “But access to cheap credit, in a way that gives people tools to finance their daily lives without pressuring them… It's a really dirty problem, a middle America problem. To be completely honest, a lot of predatory lending is illegal in California and New York, where most fintech innovation comes from. No one has really solved this.” Yendo, based in Dallas, has now raised $150 million in debt financing, led by i80 Group, and $15 million million in equity, Fortune can exclusively report. The startup is growing, with a long waitlist and plans to expand across all 50 states. Yendo's idea is essentially this: Car-secured loans have historically performed well because people both need their cars and frequently own them outright. “We wanted to find an asset class that was the most universally owned and understood in a way where we could provide the absolute cheapest cost of c
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News
- Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Second Quarter of 2024PR Newswire
- restor3d secures $70m to advance development of 3D-printed implants [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Exits Its Equity Position in Core Scientific [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Exits Its Equity Position in Core ScientificPR Newswire
- restor3d Announces Successful Closing of $70 Million Financing [Yahoo! Finance]Yahoo! Finance
TRIN
Earnings
- 5/1/24 - Miss
TRIN
Sec Filings
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- TRIN's page on the SEC website