Grey YC Application

Winter 2022Active

Grey went through Y Combinator in the Winter 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: Winter 2022
Industry: Fintech
Team size: 15
Status: Active
Launched: 2022

Founders

Idorenyin ObongFounder

What Grey does

Grey provides US, EU, and UK accounts for remote workers in emerging markets. For the first time, western companies feel comfortable recruiting skilled workers from anywhere and Grey is making it easy for these workers to receive their salary, save in foreign currency, convert to local currency and spend.

Grey's YC application, reconstructed

Y Combinator application

Grey, Winter 2022 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Grey

Describe what your company does in 50 characters or less.

Banking services for remote workers and digital nomads

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

We provide US, EU, and UK bank accounts to remote workers in emerging markets. Our product makes it straightforward for these workers to receive payments from western companies, hold savings in foreign currency, convert to local currency, and spend internationally without the usual friction or barriers.

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

We live and operate across San Francisco, Los Angeles, Nigeria, and remote locations. After YC, the company will remain based in San Francisco and continue supporting our international team.

Explain your decision regarding location.

Our target users are remote workers in emerging markets, so having teams on the ground in Nigeria and US tech hubs helps us understand their needs and build relevant features. We want to be where the market and tech talent meet.

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 Grey YC application?

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