Cheqout

Cheqout YC Application

Winter 2021Inactive

Cheqout went through Y Combinator in the Winter 2021 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
Winter 2021
Industry
FintechPayments
Team size
6
Status
Inactive
Launched
2021

Founders

  • David Rincon-Cruz
    David Rincon-CruzFounder
  • Tom Sharon
    Tom SharonFounder

What Cheqout does

Cheqout is a mobile POS for brick & mortar businesses that allows waiters and retail workers to take or accept orders & payments. You can think of it as a hybrid of the Apple Store and WeChat Pay, with both staff and customers using their own devices to facilitate the transaction through QR codes.

Cheqout's YC application, reconstructed

Y Combinator application

Cheqout, Winter 2021 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

Cheqout

Describe what your company does in 50 characters or less.

Mobile ordering & payments for Brick & Mortars

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

We built a mobile POS system for brick & mortar businesses that lets waiters and retail staff take orders and payments using their own devices. Customers scan QR codes to pay on their phones, streamlining the checkout process without extra hardware. It's a hybrid between the staff-driven Apple Store checkout and the customer-facing WeChat Pay.

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

We live and work in San Francisco, CA. After YC, the company would remain based here.

Explain your decision regarding location.

San Francisco is where our team lives and where most of our early customers and contacts are. Being in this tech hub helps us move quickly and talk to local pilot users.

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 Cheqout YC application?

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

What YC batch was Cheqout in?

Cheqout was part of the Y Combinator Winter 2021 batch.

Who founded Cheqout?

Cheqout was founded by David Rincon-Cruz, Tom Sharon.

What does Cheqout do?

Mobile ordering & payments for Brick & Mortars

How do I read the full reconstructed application?

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

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