Ajaib YC Application

Summer 2018Active

Ajaib went through Y Combinator in the Summer 2018 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2018
Industry: FintechBanking and Exchange
Team size: 300
Status: Active
Launched: 2018

Founders

Anderson SumarliFounder
Yada PiyajomkwanFounder

What Ajaib does

Ajaib is an online brokerage that allows Indonesians to buy and sell stocks, ETFs and mutual funds. We are Indonesia's leading financial technology platform driven by a mission to educate the importance of investing for the future. Guided by the three principles; Everyone is an owner, a growth mindset, and a will to win, we aim to increase the number of financial inclusion within Indonesians through investment. Ajaib is committed to opening the door to access safe, trusted and affordable investment instruments. We transformed the way young generations invested when we first established in 2018. Today, Ajaib is the third-largest brokerage by the number of transactions in Indonesia, with over 1 million investors based on our platform and titled as the fastest-growing unicorn in South East Asia.

Ajaib's YC application, reconstructed

Y Combinator application

Ajaib, Summer 2018 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Ajaib

Describe what your company does in 50 characters or less.

Consumer fintech for Indonesia

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

We built an online brokerage that lets Indonesians buy and sell stocks, ETFs, and mutual funds. Our platform focuses on making investing accessible and affordable, especially targeting young Indonesians new to investing.

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

We live in Jakarta, Indonesia and the company is based here with some remote team members.

Explain your decision regarding location.

Jakarta is where our market is and where we can directly engage with Indonesian users. Being local is crucial to navigate financial regulations and culture.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Ajaib YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Ajaib's public data (launch notes, founder backgrounds, product description). It shows how a company like Ajaib would present itself to YC, not the text they submitted.