yBANQ YC Application

Winter 2020Acquired

yBANQ went through Y Combinator in the Winter 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: Winter 2020
Industry: FintechPayments
Team size: 9
Status: Acquired
Launched: 2020

Founders

Abhishek AyyagariFounder
Ganesh MallyaFounder
Ahamed Shah WahidullahFounder

What yBANQ does

We are building a collections and reconciliation platform for MSME's in India. In India, reconciliation is largely manual and error prone due requiring manual matching of bank statements with Invoices. In my last role, I used to head product for PayU, India #1 Fintech firm. I would love to connect with other Fintech founders building solving similar problems and in the neobanking space

yBANQ's YC application, reconstructed

Y Combinator application

yBANQ, Winter 2020 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

yBANQ

Describe what your company does in 50 characters or less.

Bill.com for India MSME collections

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

We are building a platform that simplifies collections and reconciliation for MSMEs in India. Currently, reconciling bank statements to invoices is manual, slow, and full of errors. Our software automates matching payments to invoices and improves cash collections for small businesses.

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

We live in Bengaluru, KA, India and would continue operating there after YC.

Explain your decision regarding location.

Bengaluru is India's fintech hub with access to talent and customers in MSMEs. We have local domain knowledge and network to succeed here.

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 yBANQ YC application?

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