CrowdForce YC Application

Winter 2020Acquired

CrowdForce went through Y Combinator in the Winter 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: Winter 2020
Industry: FintechBanking and Exchange
Team size: 41
Status: Acquired
Launched: 2020

Founders

Oluwatomi AyorindeFounder
Damilola AyorindeFounder

What CrowdForce does

CrowdForce is an app that allows any local merchant in Africa, starting with Nigeria to become a bank branch within minutes.

CrowdForce's YC application, reconstructed

Y Combinator application

CrowdForce, Winter 2020 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

CrowdForce

Describe what your company does in 50 characters or less.

App turning local merchants into bank branches

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

We built an app that any local merchant in Africa, starting with Nigeria, can use to become a functioning bank branch within minutes. It enables these merchants to offer basic banking services to customers who are often underserved by traditional banks.

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

We live in Abuja, Nigeria, and the company is based here. After YC, we would remain based in Abuja to stay close to our users and the market we serve.

Explain your decision regarding location.

We picked Abuja because it's central to our target market in Nigeria and where our team is based. Being local helps us understand the challenges merchants face and build the right product.

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 CrowdForce YC application?

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