Rio

Rio YC Application

Summer 2022Active

Rio 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
FintechPayments
Team size
10
Status
Active
Launched
2022

Founders

  • Eudelio Garza
    Eudelio GarzaFounder
  • Javier Roberts
    Javier RobertsFounder
  • Ricardo Villarreal Chapa
    Ricardo Villarreal ChapaFounder

What Rio does

Rio is the premier stablecoin liquidity provider for the LATAM market. We enable access to stablecoins for financial innovators to scale their products.

Rio's YC application, reconstructed

Y Combinator application

Rio, Summer 2022 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

Rio

Describe what your company does in 50 characters or less.

LATAM's largest stablecoin FX and liquidity provider

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

We provide stablecoin liquidity and FX services tailored for Latin America. Our platform allows financial innovators across the region to access stablecoins easily and scale their products. We handle the complexities of cross-border FX and liquidity provisioning so our customers can focus on building their fintech solutions.

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

We live in Mexico City and the company is based there. After YC, we plan to remain centered in Mexico City to stay close to our market and roots.

Explain your decision regarding location.

Mexico City is the financial and tech hub of LATAM where the demand for stablecoin liquidity is highest. Being based here keeps us close to our customers and the evolving regulatory landscape.

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 Rio YC application?

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

What YC batch was Rio in?

Rio was part of the Y Combinator Summer 2022 batch.

Who founded Rio?

Rio was founded by Eudelio Garza, Javier Roberts, Ricardo Villarreal Chapa.

What does Rio do?

LATAM’s largest stablecoin FX and liquidity provider

How do I read the full reconstructed application?

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

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