CredPal YC Application

Winter 2019Active

CredPal went through Y Combinator in the Winter 2019 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 2019
Industry: FintechCredit and Lending
Team size: 35
Status: Active
Launched: 2018

Founders

Mofehintolu OlaogunFounder

CredPal's YC application, reconstructed

Y Combinator application

CredPal, Winter 2019 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

CredPal

Describe what your company does in 50 characters or less.

Buy now pay later platform in Africa

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

We built a buy now pay later service that lets consumers in Africa split payments on everyday purchases, both online and in-store. Our product handles credit risk, approvals, and payment scheduling so people can shop without upfront cash.

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

We live and work in Lagos, Nigeria, and the company is based there.

Explain your decision regarding location.

Lagos is where our customers are and where the biggest gaps in affordable credit exist. Staying local keeps us close to real user needs and regulations.

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 CredPal YC application?

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