Coin

Coin YC-Bewerbung

Winter 2013Acquired

Coin durchlief Y Combinator im Winter 2013-Batch als ein Fintech-Unternehmen. Unten: Was das Unternehmen tut, wer es gegründet hat und seine Bewerbung bei YC, Frage für Frage im echten YC-Formular rekonstruiert.

YC-Batch
Winter 2013
Branche
FintechConsumer Finance
Teamgröße
11
Status
Acquired
Gestartet
2012

Gründer

  • Kanishk Parashar
    Kanishk ParasharFounder/CEO
  • Karthik Balakrishnan
    Karthik BalakrishnanFounder/CTO

Was Coin tut

Coin is a consumer electronics and financial technology company bringing simplicity and security to payments. Through the Coin developer program, wearables makers now have a turnkey solution for integrating secure payments into their devices (e.g. fitness trackers, smartwatches, jewelry). Follow the company on Twitter @coin or learn more about the Coin developer program at Coin 2.0 smart payment device Coin 2.0 is a secure smart device that has the form factor of a credit card, but it holds your cards in one - including your credit, debit, gift and loyalty cards. Coin 2.0 lets you swipe or tap your cards at millions of merchants across the USA. Coin 2.0 has 80%+ compatibility, partly because we use cutting-edge technology that has not yet been integrated into all point-of-sale systems. We encourage customers to carry a “backup card” given the wide variety of sales registers in the USA. While Coin 2.0 shares the same form factor as a credit card, it features enhancements such as an electronic display and a single button to allow for simple switching between different cards. With over-the-air updates, Coin 2.0 adapts to evolving payment technology, offering future-ready ubiquity in a small and powerful package. Coin's security features also keep your information safe. Auto-unlock means that only you can use your Coin 2.0 while Last Known Location helps you find your Coin 2.0 in case of loss or theft. Coin 2.0 is designed for use in the USA. To verify identify, a Social Security Number is required. Website: Video:

Coins YC-Bewerbung, rekonstruiert

Y Combinator Bewerbung

Coin, Winter 2013 Batch. Die echten Fragen des Antrags, beantwortet aus öffentlichen Daten.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Coin

Describe what your company does in 50 characters or less.

Mobile wallet that works everywhere credit cards do

What is your company going to make? Please describe your product and what it does or will do.

We make Coin 2.0, a credit card-sized smart payment device that stores multiple cards - credit, debit, gift, loyalty - in one. It lets users tap or swipe at most US merchants' terminals. The device has a display and a button to switch cards, auto-unlocks for security, and reports its last known location if lost. Over-the-air updates keep it compatible as payment tech evolves.

Where do you live now, and where would the company be based after YC?

We live in and operate out of San Francisco, CA, and plan to keep the company based here after YC.

Explain your decision regarding location.

San Francisco is where the payments ecosystem, tech talent, and wearables makers are concentrated. Being here lets us work closely with partners and users.

21 weitere Antworten in der vollständigen Bewerbung

Founders, Progress, Idea, Equity, Curious, Batch Preference sind in der Vollversion. Erstelle ein kostenloses Konto, um es in YC Insights neben jedem anderen YC-Batch zu öffnen.

Häufig gestellte Fragen

Ist das die echte YC-Bewerbung von Coin?

Nein. Y Combinator hält eingereichte Bewerbungen privat. Dies ist eine Rekonstruktion: die echten Fragen des YC-Formulars, beantwortet aus den öffentlichen Daten von Coin (Veröffentlichungsnotizen, Gründerhintergründe, Produktbeschreibung). Sie zeigt, wie sich ein Unternehmen wie Coin bei YC präsentieren würde, nicht den Text, den sie eingereicht haben.

In welchem YC-Batch war Coin?

Coin war Teil des Y Combinator Winter 2013-Batches.

Wer hat Coin gegründet?

Coin wurde von Kanishk Parashar, Karthik Balakrishnan gegründet.

Was macht Coin?

A mobile wallet that allows you to pay everywhere credit cards are…

Wie lese ich die vollständige, rekonstruierte Bewerbung?

Erstelle ein kostenloses Round Funded Konto. Die vollständige 26-Antwort-Version der Bewerbung von Coin, und jede andere YC-Kohorte, findest du in YC Insights.

Weitere YC Startups wie Coin