The New Money Company YC Application
The New Money Company went through Y Combinator in the Winter 2024 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 2024
- Industry
- FintechPayments
- Team size
- 4
- Status
- Active
- Launched
- 2024
Founders
Derrick WolbertFounder
Reuben BalikFounder
Q CarlsonFounder
What The New Money Company does
The New Money Company protects invoices with insurance. We help businesses expand to buyers in new markets or industries by offloading the risk of buyers not paying their bill. Support number:.
The New Money Company's YC application, reconstructed
Y Combinator application
The New Money Company, Winter 2024 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
The New Money Company
Invoice insurance that pays if your buyer doesn't
We built a product that insures invoices. If a business sells to a buyer who doesn't pay, our insurance pays out. This lets companies expand confidently into new markets or industries without the usual risk of unpaid invoices. It's for B2B businesses that want to grow without worrying about buyers defaulting on payments.
We live in San Francisco, CA and the company is based there with some of our team remote. After YC, we'll continue to be based in San Francisco with distributed team members remote.
San Francisco is where we're all located and where the fintech ecosystem is strongest. We're remote-friendly but keeping HQ here means we stay close to potential partners and investors.
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 The New Money Company YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from The New Money Company's public data (launch notes, founder backgrounds, product description). It shows how a company like The New Money Company would present itself to YC, not the text they submitted.
What YC batch was The New Money Company in?
The New Money Company was part of the Y Combinator Winter 2024 batch.
Who founded The New Money Company?
The New Money Company was founded by Derrick Wolbert, Reuben Balik, Q Carlson.
What does The New Money Company do?
Invoicing that pays you even if your buyer doesn’t
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of The New Money Company's application, and every other YC batch, is in YC Insights.
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