Standard Treasury

Standard Treasury YC Application

Summer 2013Acquired

Standard Treasury went through Y Combinator in the Summer 2013 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 2013
Industry
FintechBanking and Exchange
Status
Acquired
Launched
2013

Founders

  • Daniel Kimerling
    Daniel KimerlingFounder/CEO
  • Brent Goldman
    Brent GoldmanFounder/CTO
  • Zac Townsend
    Zac TownsendFounder/Head of Product

What Standard Treasury does

Standard Treasury helped banks harness the power of developers and developer ecosystems by building, hosting, maintaining, and supporting white-labeled and co-branded developer platforms for banks worldwide. Standard Treasury partner banks saw material top-line growth through the decreased cost of servicing their customers, decreased churn, and increased transaction volumes, while delivering tremendous value to their customers by allowing them to radically automate their treasury management and accounting processes.

Standard Treasury's YC application, reconstructed

Y Combinator application

Standard Treasury, Summer 2013 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

Standard Treasury

Describe what your company does in 50 characters or less.

Banking APIs

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

We build and maintain white-labeled and co-branded developer platforms for banks. Our platform lets banks offer APIs that enable developers to automate treasury management and accounting processes. We handle hosting, support, and maintenance so banks can grow top-line revenue by lowering service costs and customer churn while increasing transaction volumes.

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

We live and work in San Francisco, CA, and we would base the company here after YC as well.

Explain your decision regarding location.

San Francisco is the center of fintech innovation with proximity to banks and developers. It allows us to hire talent and stay close to key customers.

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 Standard Treasury YC application?

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

What YC batch was Standard Treasury in?

Standard Treasury was part of the Y Combinator Summer 2013 batch.

Who founded Standard Treasury?

Standard Treasury was founded by Daniel Kimerling, Brent Goldman, Zac Townsend.

What does Standard Treasury do?

Banking APIs; acquired by Silicon Valley Bank in August 2015

How do I read the full reconstructed application?

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

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