Sendwave

Sendwave YC Application

Winter 2012Acquired

Sendwave went through Y Combinator in the Winter 2012 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 2012
Industry
FintechPayments
Team size
350
Status
Acquired
Launched
2021

Founders

  • Drew Durbin
    Drew DurbinFounder/CEO

What Sendwave does

Sendwave's mission is to make sending money as easy and affordable as sending a text. Our app sends transfers securely from North America and Europe to Africa, Asia, and the Americas at great rates.

Sendwave's YC application, reconstructed

Y Combinator application

Sendwave, Winter 2012 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

Sendwave

Describe what your company does in 50 characters or less.

Instant, no fee international remittances.

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

We built an app that lets people send money instantly and without fees from North America and Europe to recipients in Africa, Asia, and the Americas. It's designed for users who want to avoid banks' high fees and slow international transfers. Our product handles complex currency exchange and regulatory hurdles to deliver money directly and quickly.

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

We live in Boston, MA and the company is headquartered here, but many team members work remotely as well.

Explain your decision regarding location.

Boston has a strong fintech and startup community, plus access to talent. Remote work lets us connect with people wherever they are, which is important given our global focus.

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 Sendwave YC application?

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

What YC batch was Sendwave in?

Sendwave was part of the Y Combinator Winter 2012 batch.

Who founded Sendwave?

Sendwave was founded by Drew Durbin.

What does Sendwave do?

Instant, no fee international remittances.

How do I read the full reconstructed application?

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

More YC startups like Sendwave