PAYZE

PAYZE YC Application

Summer 2021Active

PAYZE 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
4
Status
Active
Launched
2021

Founders

  • Gega Tsurtsumia
    Gega TsurtsumiaFounder

What PAYZE does

Innovator of online transactions, helping businesses in former soviet union countries to accept payments from around the world through a single integration.

PAYZE's YC application, reconstructed

Y Combinator application

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

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

PAYZE

Describe what your company does in 50 characters or less.

Stripe for former Soviet Union countries

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

We built an online payments platform that lets businesses in former Soviet Union countries accept payments from anywhere in the world through a single integration. Our product solves the fragmentation and regulatory complexity that prevents local businesses from accessing global payment networks easily.

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

We live and work in Tbilisi, Georgia, and plan to keep the company based there after YC.

Explain your decision regarding location.

Georgia is central to the markets we serve and offers a growing tech ecosystem. Staying here keeps us close to our early users in the former Soviet region and roots us where the payment challenges exist.

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 PAYZE YC application?

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

What YC batch was PAYZE in?

PAYZE was part of the Y Combinator Summer 2021 batch.

Who founded PAYZE?

PAYZE was founded by Gega Tsurtsumia.

What does PAYZE do?

Stripe for former Soviet Union countries

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of PAYZE's application, and every other YC batch, is in YC Insights.

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