Yenmo App
A financial platform offering seamless digital transactions and mutual-fund-backed loans.
The Challenge
- Loan-against-mutual-fund eligibility checks needed to feel instant, not like a bank queue
- Users needed full transparency into interest rates and charges before committing
- Overdraft facilities had to update balances in real time across linked accounts
- The app needed to build trust with users new to borrowing against investments
Our Solution
Instant eligibility engine
We integrated real-time credit and mutual fund valuation checks so users see their eligible loan amount within seconds of opening the app.
Transparent pricing UI
Interest rates, overdraft terms, and fees are surfaced up front in plain language, with no hidden charges buried in later steps.
Real-time balance sync
A balance service keeps overdraft limits and available credit synced across the app the moment a transaction clears.
Technologies
React Native, Node.js, PostgreSQL, Credit Scoring Integration, AWS
Overview
Overview
Yenmo wanted to make borrowing against mutual funds as simple as checking a bank balance, with clear terms and no branch visits required. Albos Technologies Pvt Ltd built the mobile app end to end.
The challenge
Loan-against-mutual-fund products are traditionally slow and opaque, and the team needed users to trust an entirely digital process for something as significant as borrowing against their investments.
Our approach
We built an instant eligibility engine that checks mutual fund valuations and credit signals in real time, paired with a transparent pricing screen that shows interest rates and charges before any commitment. Overdraft balances sync in real time so users always see accurate available credit.
Results
Yenmo users now get eligibility results in under a minute, see fully transparent pricing with zero hidden charges, and complete a large share of applications entirely within the app without abandoning the flow.
