PayCaddy YC Application

Winter 2022Active

PayCaddy 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: 20
Status: Active
Launched: 2022

Founders

Juan Diego GalvezFounder
Federico BenavidesFounder

What PayCaddy does

PayCaddy enables Latam companies to launch financial products with an API based platform. Rather than building fintech from scratch, or dealing with a legacy bank, companies can use PayCaddy to open digital wallets with KYC checks, automate online payments, and issue personalized debit and prepaid cards for customers or employees.

PayCaddy's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

PayCaddy

Describe what your company does in 50 characters or less.

Simplified Banking as a Service for Latam

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

We built an API-first platform that lets companies in Latin America launch financial products without building from scratch or relying on legacy banks. Our product handles opening digital wallets with KYC, automating online payments, and issuing branded debit and prepaid cards for customers or employees.

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

We live in Panama City, Panama, and the company is based here and will remain so after YC.

Explain your decision regarding location.

Panama City is a fintech hub in Latam with direct access to local markets. Being here allows us to build close relationships with regulatory authorities and local clients, which is essential for our banking as a service platform.

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 PayCaddy YC application?

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