Monto YC Application

Summer 2021Active

Monto went through Y Combinator in the Summer 2021 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 2021
Industry: Fintech
Team size: 13
Status: Active
Launched: 2021

Founders

Andres QuintanillaFounder
Karina DerbezFounder

What Monto does

Through our platform employees of our affiliated companies can access their earned wages on-demand for a low fixed fee.

Monto's YC application, reconstructed

Y Combinator application

Monto, Summer 2021 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Monto

Describe what your company does in 50 characters or less.

Salary on-demand platform for Latin America

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

We built a platform that lets employees of our partner companies access their earned wages on-demand for a low fixed fee. Instead of waiting for payday, workers can withdraw what they've already earned anytime, smoothing their cash flow.

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

We are based in Monterrey, N.L., Mexico, with some team working remotely. After YC, we would continue to base the company here where we understand the local market.

Explain your decision regarding location.

We picked Monterrey to stay close to the Latin American market and our early customers. The cost and talent pool are right for building a fintech focused on Mexico and the region.

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 Monto YC application?

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