Helicarrier (prev Buycoins)

Helicarrier (prev Buycoins) YC Application

Summer 2018Active

Helicarrier (prev Buycoins) went through Y Combinator in the Summer 2018 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 2018
Industry
FintechBanking and Exchange
Team size
30
Status
Active
Launched
2018

Founders

  • Ire Aderinokun
    Ire AderinokunFounder
  • Timi Ajiboye
    Timi AjiboyeFounder

What Helicarrier (prev Buycoins) does

Helicarrier (previously Buycoins) is building cryptocurrency infrastructure for Africa. Sendcash is an app that lets Africans in the diaspora send money back home. Buycoins is the easiest place to buy, sell, and manage your cryptocurrency portfolio.

Helicarrier (prev Buycoins)'s YC application, reconstructed

Y Combinator application

Helicarrier (prev Buycoins), Summer 2018 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

Helicarrier

Describe what your company does in 50 characters or less.

Cryptocurrency infrastructure for Africa

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

We are building cryptocurrency infrastructure tailored to Africa. Our products include Sendcash, which allows Africans in the diaspora to send money home easily, and Buycoins, which provides the simplest way to buy, sell, and manage crypto portfolios. We focus on the unique challenges of African financial systems and international money transfers using crypto.

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

We live in London, Los Angeles, and Lagos, Nigeria. After YC, the company would continue operating across these locations to stay close to our key markets and talent.

Explain your decision regarding location.

We are distributed across these cities because Africa is our primary market, with a large diaspora in LA and London. Being physically present where our users are helps us build a better product and navigate regulatory and operational complexities specific to these regions.

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 Helicarrier (prev Buycoins) YC application?

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

What YC batch was Helicarrier (prev Buycoins) in?

Helicarrier (prev Buycoins) was part of the Y Combinator Summer 2018 batch.

Who founded Helicarrier (prev Buycoins)?

Helicarrier (prev Buycoins) was founded by Ire Aderinokun, Timi Ajiboye.

What does Helicarrier (prev Buycoins) do?

Cryptocurrency infrastructure for Africa.

How do I read the full reconstructed application?

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

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