Tech Startups: Yonder's $30.1 Million Funding Marks a Milestone in Fintech
Thursday, 19 September 2024, 01:00
Yonder's Fintech Evolution
Yonder, a London-based fintech startup, has raised $30.1 million in new funding. Founded in 2020 by former staffers at credit scoring startup Clearscore, Yonder offers users a credit card with rewards such as meals at high-end restaurants, event tickets, and points toward flights.
Targeting a Broader Market
Initially, the startup focused on expats in the UK without credit scores, but it has since expanded its offerings to a wider group of non-expat customers living in cities like London, Manchester, Birmingham, Bristol, and Bath.
- Monthly Subscription Fee: Yonder charges a £15 (around $18.80) monthly subscription fee for its services.
- Innovation in Fintech: This funding will allow Yonder to further innovate and enhance user offerings.
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