Valiu YC Application

Summer 2019Inactive

Valiu 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: FintechPayments
Team size: 24
Status: Inactive
Launched: 2019

Founders

David BarinasFounder
Simon ChamorroFounder

What Valiu does

It is very hard to access USD or stable currency in LatAm's depreciating, and hyper-inflationary economies. We are solving that for individuals and businesses.

Valiu's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Valiu

Describe what your company does in 50 characters or less.

USD mobile banking for LatAm's businesses and people

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

We built a mobile banking platform that lets individuals and businesses in Latin America hold and transact in USD or stable currencies. This solves the problem of volatile local currencies and limited access to dollars, providing a safe and simple way to manage money in devaluing economies.

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

We live in Bogotá, Colombia, and the company would remain based there after YC, with some remote team members.

Explain your decision regarding location.

Bogotá is where we understand the market best and where the currency problems we're solving hit hardest. It keeps us close to our early users and regulatory landscape.

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 Valiu YC application?

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