Volopay

Volopay YC Application

Summer 2020Active

Volopay went through Y Combinator in the Summer 2020 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 2020
Industry
FintechPayments
Team size
11
Status
Active
Launched
2020

Founders

  • Rajith Shaji
    Rajith ShajiFounder
  • Rajesh Raikwar
    Rajesh RaikwarFounder

What Volopay does

Volopay is a modern spend management platform that saves companies time and money by giving visibility & control to every aspect of business spending. With Volopay, finance and accounting teams can control expense requests and approvals, make bill payments (domestic/cross-border), manage company cards, and reconcile all accounting on one platform. Volopay completely eliminates the need for expense reports and reimbursements while giving everyone in the company a card to use. We worked in an offshore dev centre in the past and it took 2 months to get our reimbursements and 4 weeks to make any purchase as there was just one corporate card for the entire company and clunky bill payments solutions offered by the banks. Among our customers are Reddoorz (OYO of South East Asia), Dathena (biggest data security co in Singapore) and Beam (APAC’s leading micro-mobility player).

Volopay's YC application, reconstructed

Y Combinator application

Volopay, Summer 2020 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Volopay

Describe what your company does in 50 characters or less.

Brex for South East Asia - Corporate cards & payments

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

We built a spend management platform for finance teams that combines corporate cards, bill payments, expense request approvals, and accounting reconciliation all in one place. The goal is to give companies real-time visibility and control over every aspect of their business spending, replacing clunky bank solutions and manual reimbursements.

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

We live in Singapore and the company is based there, with a remote team.

Explain your decision regarding location.

Singapore is where most of our customers are, and Southeast Asia is our primary market. We want to stay close to the ecosystem and customer base to move fast and iterate based on real feedback.

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 Volopay YC application?

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

What YC batch was Volopay in?

Volopay was part of the Y Combinator Summer 2020 batch.

Who founded Volopay?

Volopay was founded by Rajith Shaji, Rajesh Raikwar.

What does Volopay do?

Brex for South East Asia - Corporate cards & automated payments.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Volopay's application, and every other YC batch, is in YC Insights.

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