Tola YC Application

Winter 2022Acquired

Tola went through Y Combinator in the Winter 2022 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 2022
Industry: FintechPayments
Team size: 12
Status: Acquired
Launched: 2023

Founders

Alen CvisicFounder
Guillaume SimardFounder

What Tola does

Tola is the simple tool for SMBs to pay bills and get paid. On top of that, we help companies better manage their cashflow by allowing them to buy now and pay later expensive bills in exchange for a small fee.

Tola's YC application, reconstructed

Y Combinator application

Tola, Winter 2022 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Tola

Describe what your company does in 50 characters or less.

The simple, fast and free tool for businesses to pay and get paid

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

We built Tola to help small and medium businesses pay bills and get paid. We also let companies buy now and pay expensive bills later with a small fee, helping them manage cash flow more effectively.

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

We live and work across San Francisco, New York, and remotely. After YC, we intend to keep the company based where we can best support our distributed team and users.

Explain your decision regarding location.

Our team is spread between SF, NY, and remote. We chose these locations because we're close to fintech hubs and our customers, and to attract talent comfortable with remote work.

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 Tola YC application?

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