Drip

Drip YC Application

Summer 2022Inactive

Drip went through Y Combinator in the Summer 2022 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
Summer 2022
Industry
FintechPayments
Team size
15
Status
Inactive
Launched
2022

Founders

  • Patrick McDougall
    Patrick McDougallFounder
  • Paulo Albuquerque
    Paulo AlbuquerqueFounder
  • Bianca Orsini
    Bianca OrsiniFounder

What Drip does

Drip combines the best of Pix and a credit card. We enable customers to pay with credit and earn 2%+ cashback with the speed and widespread acceptance of Pix. Through our app customers can onboard, shop nearly anywhere and manage their payments. We're enabling transactions via Pix's existing network (85%+ of e-comm).

Drip's YC application, reconstructed

Y Combinator application

Drip, Summer 2022 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

Drip

Describe what your company does in 50 characters or less.

Shop and pay in installments anywhere

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

We built an app that lets customers use Pix to shop nearly anywhere in Brazil and pay in installments with credit. Unlike credit cards, Drip combines credit with Pix's speed and network, and customers earn over 2% cashback on their purchases. The app handles onboarding, shopping, and payment management all in one place.

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

We live in São Paulo, Brazil, and the company is based there with a remote team setup.

Explain your decision regarding location.

São Paulo is Brazil's fintech hub and where Pix, our payment backbone, operates widely. Being local helps us navigate the payments ecosystem and serve Brazilian customers with the same speed Pix offers.

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 Drip YC application?

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

What YC batch was Drip in?

Drip was part of the Y Combinator Summer 2022 batch.

Who founded Drip?

Drip was founded by Patrick McDougall, Paulo Albuquerque, Bianca Orsini.

What does Drip do?

Shop and pay in installments anywhere

How do I read the full reconstructed application?

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

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