Swadesh YC Application

Summer 2019Active

Swadesh went through Y Combinator in the Summer 2019 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 2019
Industry: FintechConsumer Finance
Team size: 10
Status: Active
Launched: 2018

Founders

Prateek SwainFounder
Tyler BurnamFounder

What Swadesh does

We offer a free US FDIC Insured Checking account, Free Credit Card (no interest rate, collateral, fees), Free AT&T SIM Card shipped to home with 40%+ cheaper plans than retail, and save thousands of dollars in remittances to our customers - all by opening a free Swadesh Account. We enable new to America expats become "American" in the eyes of the US Financial system. We're starting by serving the 150,000+ Indian expats migrating to the US each year. We have a comprehensive solution that covers banking, credit building, communication, remittance, as well as value-add services such as insurance, housing etc. along with all the standard bells and whistles of neobanks.

Swadesh's YC application, reconstructed

Y Combinator application

Swadesh, Summer 2019 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Swadesh

Describe what your company does in 50 characters or less.

Free US bank accounts and financial services for immigrants

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

We build a platform that sets up new immigrants in the US with a free FDIC-insured checking account, a no-interest free credit card, and a free AT&T SIM card with discounted plans. We help Indian expats build credit, communicate affordably, and send remittances at better rates - all in one account.

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

Prateek and Tyler live partly in New York, NY and partly in New Delhi, India. After YC, the company will remain based in these two locations.

Explain your decision regarding location.

We serve Indian immigrants moving to the US, so being physically close in both New York and New Delhi helps us understand and access our customers on both sides of migration.

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 Swadesh YC application?

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