0%

est. 2Y upside i

FinTechSeries B

The epic new credit card – build good credit habits while you earn and enjoy rewards at the best spots in town.

Rank

#2130

Sector

Fintech

Est. Liquidity

~5Y

Data Quality

Data: Low

Yonder is a high-growth fintech with 200% YoY growth, but the equity is risky: total funding ($135.5M) exceeds valuation ($127M), creating severe preference stack overhang.

Last updated: July 19, 2026

Bull (25%)+275%

Sustained 200% growth and successful UK expansion drive revenue to $40M+ by 2028, with multiple expanding to 8x from public fintech comps (AFRM, SQ, SOFI). Net of dilution (25%), 3.75x return.

Base (50%)+25%

Growth moderates to 80% YoY with competition, revenue reaches $15M, multiple contracts to 5x, yielding 0.25x return after dilution.

Bear (25%)-100%

Funding overhang of $135.5M and slowing adoption lead to down-round exit below preference stack, common stock zeroed out.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

107%

Total funding of $135.5M exceeds current valuation of $127M, meaning in a liquidation event below $135.5M, common shares receive nothing.

Dilution Risk

high

With $135.5M raised and valuation declining, the company may need to raise more capital, significantly diluting existing shareholders.

Secondary Liquidity

none

No secondary market activity reported, so early liquidity is unlikely.

Typical day? — 34 roles

View all 34 open roles at Yonder →

Last updated: July 3, 2026

Questions to Ask at the Interview

Strategic questions based on Yonder's data — designed to show you've done your homework.

  • 1

    “How does Yonder plan to achieve profitability given its high funding intensity and valuation decline?”

  • 2

    “What are the unit economics per user, and how do membership fees, interchange, and interest contribute to revenue?”

  • 3

    “Given the preference stack overhang, what is the realistic value of employee common stock in a liquidity event?”

Community

Valuation Sentiment

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.