Bitstack

Bitstack YC Application

Summer 2022Active

Bitstack went through Y Combinator in the Summer 2022 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 2022
Industry
Fintech
Team size
16
Status
Active
Launched
2022

Founders

  • Alexandre Roubaud
    Alexandre RoubaudFounder
  • Kabir Sethi
    Kabir SethiFounder

What Bitstack does

Bitstack is building a new neobank powered by crypto. Bitstack has gone from a simple product that turns your spare change into bitcoin to a bitcoin-native neobank that is bringing a better way to manage all things money, with better money. We believe getting started with Bitcoin should be simple, fun and accessible to everyone. Bitcoin is an unparalleled financial alternative: a radically new way to transact and store value all around the world. It is a new kind of currency that isn't centrally controlled by any business, government or bank and that cannot be debased. Bitcoin will redefine the future of finance, from payments to savings, and wealth preservation. It is the first open and borderless monetary network with a fixed supply of 21 million, making bitcoin the most scarce financial asset ever.

Bitstack's YC application, reconstructed

Y Combinator application

Bitstack, Summer 2022 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

Bitstack

Describe what your company does in 50 characters or less.

All things money, with better money

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

We built a bitcoin-native neobank that started as a spare change app converting everyday purchases into bitcoin. Now we offer a full-featured banking experience centered around bitcoin as a financial alternative. Users can manage spending, savings, and wealth preservation, all leveraging bitcoin's fixed supply and censorship resistance.

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

We live and are based in Paris, Île-de-France, France, and plan to keep the company grounded there after YC.

Explain your decision regarding location.

Paris is our home and the place our early users and team are based. We want to build from where we understand the market and can recruit local talent effectively.

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 Bitstack YC application?

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

What YC batch was Bitstack in?

Bitstack was part of the Y Combinator Summer 2022 batch.

Who founded Bitstack?

Bitstack was founded by Alexandre Roubaud, Kabir Sethi.

What does Bitstack do?

All things money, with better money

How do I read the full reconstructed application?

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

More YC startups like Bitstack