Satchel YC Application

Summer 2018Inactive

Satchel went through Y Combinator in the Summer 2018 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 2018
Industry: FintechPayments
Team size: 8
Status: Inactive
Launched: 2018

Founders

Andrew ChenFounder

Satchel's YC application, reconstructed

Y Combinator application

Satchel, Summer 2018 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Satchel

Describe what your company does in 50 characters or less.

Payments platform for financial transactions

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

We built a payments platform that simplifies how users send and receive money securely. Our product is designed to handle payments in a way that removes friction for both payers and payees, focusing on speed and security.

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

We live in San Francisco, CA, and after YC the company would remain based here.

Explain your decision regarding location.

San Francisco is where our team is based, it gives us access to talent, investors, and a strong fintech ecosystem, which is essential for our product and growth.

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 Satchel YC application?

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