Kontigo YC Application

Summer 2024Active

Kontigo went through Y Combinator in the Summer 2024 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 2024
Industry: FintechBanking and Exchange
Team size: 10
Status: Active
Launched: 2024

Founders

jesus alberto Castillo ferrerCEO & Co-founder
Gino GuatavitaFounder

What Kontigo does

We’re building Kontigo, a USDC Smart Neobank for Latinos in the U.S. and Latin America. We launched our Peer-to-Peer onramp 20 days ago and we’ve already had $540k in deposits, 10k active users and a +300k waitlist. The founding team has built and scaled fintechs in Latam, and it’s ex-Venmo, Nubank, Rappi, MercadoLibre, Ualá, Platzi, and Yuno. We’re already backed by DST Global, Soma Capital, Pioneer Fund, Transpose + 10 YC alums. Sending money to Latin America is just as painful as holding it due to the region's fragmentation into 33 countries with 39 different currencies. On one hand, cross-border payments to Latam are absurdly expensive (up to 20% per transaction). Conversely, over the past decade, currency depreciation across the region has become unsustainable. (some countries surpassing the trillion percent ). Kontigo solves this with a USDC global wallet & a BTC savings account. - Like Venmo, but on-USDC. - Like Zelle, but for cross-border payments. No limits. - Like Nubank & Revolut, but without inflationary currencies. Bitcoin-backed. User wallets are connected to an AI-private banker on WhatsApp to execute international USDC transactions.

Kontigo's YC application, reconstructed

Y Combinator application

Kontigo, Summer 2024 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Kontigo

Describe what your company does in 50 characters or less.

USDC-Smart Neobank for Latinos

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

We're building a neobank built on USDC to solve the problems Latinos face sending and holding money. It's a global USDC wallet paired with a Bitcoin savings account, accessible through an AI-powered private banker on WhatsApp for easy cross-border transfers without limits or inflated currencies.

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

We live in San Francisco, CA and plan to keep the company based here after YC.

Explain your decision regarding location.

San Francisco is where the fintech ecosystem and investors are. Plus, our founding team is local and we've already built the product here with our current team of 10.

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 Kontigo YC application?

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