Poko YC Application

Winter 2022Active

Poko 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: 10
Status: Active
Launched: 2022

Founders

Geoffrey SeeFounder
Sean AngFounder
Van TranFounder

What Poko does

Poko enables seamless transfers from local payment rails to web3 infrastructure enabling web3 wallets, marketplaces, games and DApps to acquire more users. With Poko’s SDK, web3 builders can easily enable fiat-to-crypto onramping with 100+ common local payment methods or easily pay for NFTs with local payment methods. Poko's fiat-to-cryptoonramp aggregator reduces onramping costs by up to 70% and increases transaction success rates by up to 5x through a smart routing logic and a single integration to multiple onramps. It's Direct Checkout solution enables one step purchasing from fiat payment rails from any smart contract for 79% higher user conversion. The co-founders’ experience includes being chief strategy officer of a $2.4B coincap protocol, leading technical implementation of Singapore’s central bank’s experiment in cross-border payments on blockchain rails, policy experience as payments task force member at the World Economic Forum, ex-Ethereum Foundation Fellow, and CTO of a 2M+ user play to earn game.

Poko's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Poko

Describe what your company does in 50 characters or less.

Fiat payments for Web3

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

We built an SDK and Direct Checkout solution that lets Web3 apps accept over 100 local payment methods to onramp users from fiat to crypto. Our core tech routes payments through multiple fiat-to-crypto onramps to reduce costs and increase success rates for wallets, games, and marketplaces.

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

We live and work in Singapore and plan to keep the company based here after YC.

Explain your decision regarding location.

Singapore is where we live and have deep expertise. It's a growing Web3 hub with complex local payment methods not well handled by existing solutions. Being here lets us build the integrations and relationships needed.

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 Poko YC application?

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