NALA YC Application
NALA went through Y Combinator in the Winter 2019 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 2019
- Industry
- FintechBanking and Exchange
- Team size
- 168
- Status
- Active
- Launched
- 2018
Founders
Benjamin FernandesFounder
What NALA does
Story here: We have two products: 1. Consumer Cross Border payments to Emerging Markets: nala.com 2. Stablecoin Payment Rails for emerging markets: rafiki.com
NALA's YC application, reconstructed
Y Combinator application
NALA, Winter 2019 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
NALA
Building Payments for the Next Billion
We build payment infrastructure focused on people sending money to and within emerging markets. Our main product, nala.com, offers consumer cross-border payments with better rates and speed than traditional remittance services. We also operate rafiki.com, a stablecoin payment rail enabling fast, low-cost payments inside these markets. These products handle the complexities and frictions others avoid.
We live in New York, NY, and NALA is based here.
New York is a global fintech hub with access to capital and talent. It's also a strategic location for managing relationships with banks and partners in the emerging markets we serve. After YC, we plan to stay here to maintain these advantages.
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 NALA YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from NALA's public data (launch notes, founder backgrounds, product description). It shows how a company like NALA would present itself to YC, not the text they submitted.
What YC batch was NALA in?
NALA was part of the Y Combinator Winter 2019 batch.
Who founded NALA?
NALA was founded by Benjamin Fernandes.
What does NALA do?
Building Payments for the Next Billion.
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of NALA's application, and every other YC batch, is in YC Insights.
More YC startups like NALA
