delt.ai YC Application

Winter 2020Acquired

delt.ai 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: 26
Status: Acquired
Launched: 2020

Founders

Alejandro CedeñoCo-Founder
Jose de la Luz Lopez SFounder

What delt.ai does

delt.ai is building a specialized digital financial service for businesses in Latam, set to tackle the +450B Market of business payments in Mexico. delt.ai is a natively digital alternative to a bank, born with payments gateways and API integrations. Its truly digital KYC-compliant onboarding allowed us to be the first opening first branchless accounts in the country. We target poorly served Startups and SMEs therefore focusing on the ~40B market opportunity that are profitable when served fully online.

delt.ai's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

delt.ai

Describe what your company does in 50 characters or less.

Digital banking for businesses in Latam.

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

We built a digital financial service tailored to startups and SMEs in Mexico. It acts like a bank but is born digital, with branchless accounts, online KYC compliance, and API integrations to handle payments and business transactions fully online. Our platform targets the unmet needs of businesses that can't get meaningful banking support today.

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

We live and work in Mexico City, and after YC, we plan to keep the company based here.

Explain your decision regarding location.

Mexico City is where our market and users are. The business payments market here is massive but underserved digitally. Being local keeps us close to customers and partners and lets us build a solution that fits this environment specifically.

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 delt.ai YC application?

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