Prospa YC Application

Winter 2021Active

Prospa went through Y Combinator in the Winter 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: Winter 2021
Industry: FintechBanking and Exchange
Team size: 70
Status: Active
Launched: 2022

Founders

Frederik ObasiFounder

Prospa's YC application, reconstructed

Y Combinator application

Prospa, Winter 2021 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Prospa

Describe what your company does in 50 characters or less.

Banking for businesses

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

We built a digital banking platform tailored specifically for small and medium businesses. Prospa provides business accounts and tailored financial services that meet the unique needs of these companies, improving how they manage money and access banking operations day-to-day.

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

We live in London, United Kingdom, and the company will remain based here after YC.

Explain your decision regarding location.

London is a global fintech hub with deep financial expertise and easy access to our target customers - UK businesses. Staying here keeps us close to business banking partners and our core market.

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 Prospa YC application?

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