Palla YC Application
Palla 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
- FintechPayments
- Team size
- 22
- Status
- Active
- Launched
- 2021
Founders
Enrique PerezalonsoFounder
Andrew MasonFounder
What Palla does
Palla enables instant P2P payments from the US to other countries, a $65BN a year market. Sending and receiving remittances today is slow, time consuming and inconvenient for all parties, as it's a mostly cash based process. With Palla, senders in the US can do it in a few taps of their phone and receivers get their money in seconds.
Palla's YC application, reconstructed
Y Combinator application
Palla, Summer 2021 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Palla
P2P Cross border payments
We built Palla to let people in the US send money instantly to friends and family in other countries. It solves slow, cash-based remittance processes by enabling a few taps on a phone and near-instant delivery on the receiving end. We focus on making cross-border P2P payments simple and fast.
We all currently live remote and want the company to remain remote after YC.
Our users and team's distributed nature means remote is best. We want to keep operating where we are, close to markets and talent, without moving to one physical location.
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 Palla YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Palla's public data (launch notes, founder backgrounds, product description). It shows how a company like Palla would present itself to YC, not the text they submitted.
What YC batch was Palla in?
Palla was part of the Y Combinator Summer 2021 batch.
Who founded Palla?
Palla was founded by Enrique Perezalonso, Andrew Mason.
What does Palla do?
P2P Cross border payments
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Palla's application, and every other YC batch, is in YC Insights.
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