Ping YC Application

Summer 2022Active

Ping went through Y Combinator in the Summer 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: Summer 2022
Industry: Fintech
Team size: 20
Status: Active
Launched: 2022

Founders

Mary SaraccoFounder
Pablo OrlandoFounder
Jack SaraccoFounder

What Ping does

Ping enables international contractors and freelancers to have access to a personal Dollar account in the US, a crypto account, and generate invoices to get paid. With Ping, workers make on average 4% more money and get paid the same day.

Ping's YC application, reconstructed

Y Combinator application

Ping, Summer 2022 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Ping

Describe what your company does in 50 characters or less.

The global neo-bank for contractors and freelancers

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

We built a platform where international contractors and freelancers get a US Dollar personal account, crypto wallet, and tools to generate invoices so they can get paid faster and make more. By combining fiat and crypto accounts with payment and invoicing features, Ping solves the problem of delayed and expensive cross-border payments for independent workers.

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

We live and work across Buenos Aires, Argentina; Miami, Florida; and remotely. After YC, we would base the company where it best supports our global users and team, most likely maintaining multiple hubs reflecting where our founders and users are.

Explain your decision regarding location.

Ping's core users - contractors and freelancers - are global, so having a distributed team close to user bases in Latin America and the U.S. is critical. We started in Buenos Aires because it's where most founders live and where many users are. Miami presence helps with U.S. banking connections and venture.

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 Ping YC application?

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