Mahaana Wealth YC Application

Winter 2022Active

Mahaana Wealth 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: 30
Status: Active
Launched: 2022

Founders

Muhammad Shamoon TariqFounder

What Mahaana Wealth does

Pakistan has 401K style schemes for retirement but only 0.02% people have retirement accounts. Previously unallowed, Digital onboarding & KYC was adopted by the regulator in late 2021. We are the first & only licensed digital investment advisor and looking to take advantage of this regulatory tailwind. We are now licensed to create our own retirement funds & ETFs just like Vanguard

Mahaana Wealth's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Mahaana Wealth

Describe what your company does in 50 characters or less.

First licensed digital wealth manager in Pakistan

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

We built a digital investment advisor licensed by Pakistan's regulator to onboard users digitally and manage retirement funds. Our product lets people open retirement accounts online, invest in funds and ETFs we create, similar to a 401K but for Pakistan. Previously, this was not allowed due to KYC rules, which changed in late 2021, and we are the only licensed player taking advantage of this.

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

We live and work in Islamabad, and the company is based here.

Explain your decision regarding location.

Islamabad is Pakistan's capital where regulators are based and where we have deep local networks. Being here puts us close to the financial authorities and clients we serve.

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 Mahaana Wealth YC application?

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