Striga

Striga YC Application

Winter 2021Acquired

Striga 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
FintechPayments
Team size
14
Status
Acquired
Launched
2021

Founders

  • Prashanth Balasubramanian
    Prashanth BalasubramanianFounder/CTO

What Striga does

Striga is building infrastructure for digital assets and financial services as a single set of APIs doing the heavy lifting of security and regulatory compliance. Striga's customers include early stage FinTech's, Web3 innovators, Banking Institutions and Crypto Exchanges utilizing services spanning the range of Crypto Custody, Trading, Card Issuing and Banking. Building a crypto business today is a highly regulated space unlike a few years ago and maintaining a compliance program and building technology presents a huge barrier to entry for startups and mid-size businesses alike and the Striga platform solves the problem with a single set of APIs and a single contract to deliver services to 30 countries today.

Striga's YC application, reconstructed

Y Combinator application

Striga, Winter 2021 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

Striga

Describe what your company does in 50 characters or less.

Compliant Crypto and Banking Infrastructure

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

We provide a single API platform that handles digital asset and financial services infrastructure, including crypto custody, trading, card issuing, and banking. Our product helps fintech startups, crypto exchanges, and banks operate across regulatory compliance and security in 30 countries with one contract and one integration.

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

We're based in Tallinn, Estonia and will continue operating there after YC.

Explain your decision regarding location.

Tallinn is a strong tech hub in Europe with access to skilled engineers and a regulatory environment that supports fintech and crypto. It keeps us close to our key markets and customers in Europe and beyond.

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 Striga YC application?

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

What YC batch was Striga in?

Striga was part of the Y Combinator Winter 2021 batch.

Who founded Striga?

Striga was founded by Prashanth Balasubramanian.

What does Striga do?

Compliant Crypto and Banking Infrastructure

How do I read the full reconstructed application?

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

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