Balance

Balance YC Application

Summer 2020Active

Balance went through Y Combinator in the Summer 2020 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 2020
Industry
FintechPayments
Team size
70
Status
Active
Launched
2020

Founders

  • Bar Geron
    Bar GeronFounder
  • Yoni Shuster
    Yoni ShusterFounder

What Balance does

Balance is the easiest way for B2B marketplaces, merchants, and service providers to process payments online. We raised our last funding round from Lightspeed, Stripe, and Max Levchin to build 'Stripe for B2B'. Balance offers the first business checkout, enabling business customers to pay How they want (check, card, bank) and When they want (net terms, payment plans, invoice payments). this is achieved while the seller receives the funds instantly and easily like card payment.

Balance's YC application, reconstructed

Y Combinator application

Balance, Summer 2020 batch. The real form questions, answered from public data.

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

Company

Company name

Balance

Describe what your company does in 50 characters or less.

The first digital payment experience for B2B

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

We built a payment platform for B2B marketplaces, merchants, and service providers. Our product lets business buyers pay how and when they want - via check, card, bank transfer, payment plans, or net terms - while sellers get paid instantly, just like with consumer card payments. It's designed to replace slow, manual invoice payments with a digital alternative optimized for B2B complexity.

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

We live and are based in San Francisco, CA, and will continue to be based here after YC.

Explain your decision regarding location.

San Francisco is where we built our network and team. It's the fintech hub with access to partners, talent, and investors crucial to our growth.

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.

Frequently Asked Questions

Is this the real Balance YC application?

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

What YC batch was Balance in?

Balance was part of the Y Combinator Summer 2020 batch.

Who founded Balance?

Balance was founded by Bar Geron, Yoni Shuster.

What does Balance do?

The first digital payment experience company, built for B2B.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Balance's application, and every other YC batch, is in YC Insights.

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