Verto YC Application

Winter 2019Active

Verto went through Y Combinator in the Winter 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: Winter 2019
Industry: FintechPayments
Team size: 170
Status: Active
Launched: 2018

Founders

Anthony OduwoleFounder
Ola OyetayoFounder

What Verto does

Verto is a cross-border payment platform for businesses; our mission is to simplify cross-border payments in emerging markets, particularly Africa. We do this by providing businesses with superb infrastructure that they can use to convert, hold, receive and make payments across 49 currencies. By connecting Businesses, Liquidity providers, FX Brokers, and Payment Institutions, and banks through our marketplace, companies can choose their foreign exchange rates at the time that suits them, therefore, providing a constant liquidity flow cheaply.

Verto's YC application, reconstructed

Y Combinator application

Verto, Winter 2019 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Verto

Describe what your company does in 50 characters or less.

Cross-Border Payments and FX Simplified

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

We built a cross-border payment platform for businesses that simplifies foreign exchange and payments across 49 currencies, focusing on emerging markets like Africa. Our product connects businesses, FX brokers, liquidity providers, and banks so companies can convert, receive, hold, and make payments when they want at competitive rates.

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

We live and are based in London, England, and the company will remain based here after YC.

Explain your decision regarding location.

London is a global fintech hub with access to top financial infrastructure, talent, and clients in emerging markets, especially Africa, where our focus is. This location helps us build key relationships and scale our cross-border payments product.

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 Verto YC application?

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