Consul

Consul YC Application

Winter 2024Active

Consul went through Y Combinator in the Winter 2024 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 2024
Industry
FintechPayments
Team size
2
Status
Active
Launched
2024

Founders

  • David LalorCo-Founder, CEO
  • Rakeeb Hossain
    Rakeeb HossainCo-Founder, CTO

What Consul does

Consul is building the future of payouts for the online economy. We make it easy for marketplaces, agencies, and startups to make payouts using stablecoins.

Consul's YC application, reconstructed

Y Combinator application

Consul, Winter 2024 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

Consul

Describe what your company does in 50 characters or less.

The Stablecoin Payouts Platform

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

We are building a payouts platform that lets marketplaces, agencies, and startups make payments to their users using stablecoins. Our product simplifies payouts on blockchain by handling the complexities behind stablecoin transfers, making it accessible for online businesses that want more efficient, programmable payouts.

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

We currently live and work in New York, NY. After YC, the company will continue to be based in New York.

Explain your decision regarding location.

New York is where both founders live and have built initial traction. It is also a hub for fintech and payments, which aligns with our business and customer base.

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 Consul YC application?

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

What YC batch was Consul in?

Consul was part of the Y Combinator Winter 2024 batch.

Who founded Consul?

Consul was founded by David Lalor, Rakeeb Hossain.

What does Consul do?

The Stablecoin Payouts Platform

How do I read the full reconstructed application?

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

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