Aplicación YC de Altro

Summer 2020Acquired

Altro pasó por Y Combinator en el batch Summer 2020 como una empresa de Fintech. Abajo: qué hace la empresa, quién la fundó y su aplicación a YC, reconstruida pregunta por pregunta en el formulario real de YC.

Batch YC: Summer 2020
Industria: FintechConsumer Finance
Tamaño del equipo: 29
Estado: Acquired
Lanzado: 2020

Fundadores

Michael BroughtonFounder
Ayush JainFounder

Lo que hace Altro

Altro (altro.io) is a platform that enables members to build credit no matter who they are, where they are from, or their history of credit access/score. We serve the 68M people in the US (mainly Women and POC) who are denied credit due to historical bias and the lack of access that current banks provide to credit building and tools. (It wasn't until The Equal Credit Opportunity Act in the 1970's that Women and "Minorities" could even get fair access to credit)! Altro has created a mobile that allows anyone to have access to credit, using their subscriptions as a means to start building their credit score. Altro lends to members a $75 Line of Credit to pay for their subscriptions, such as Netflix, Hulu, HelloFresh, etc. This card is built to solely work on the subscriptions that the member is already paying for, allowing them to securely use their $75 credit to build their credit using things they are already paying for. Doing this empowers folx who were denied credit a way to start building their score and financial power. Altro will service millions of people in not only building their credit, but also gaining access to the tools (such as personal loans, emergency funds, car/house loans and more) that they could not access prior.

Aplicación YC de Altro, reconstruida

Solicitud de Y Combinator

Altro, batch Summer 2020. Las preguntas reales del formulario, respondidas con datos públicos.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Altro

Describe what your company does in 50 characters or less.

Build Credit With Your Subscriptions

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

We built a mobile platform that lets people build credit by using a $75 line of credit to pay for subscriptions they already have, like Netflix or Hulu. This lets those denied credit start building a credit score through payments on services they are already paying for.

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

We live in Los Angeles, CA, and after YC we plan to keep the company based here while supporting remote team members.

Explain your decision regarding location.

Los Angeles has a diverse population that our product serves and gives us access to tech talent. We also support remote work to hire the best people wherever they are.

21 respuestas más en la aplicación completa

están en la versión completa. Crea una cuenta gratuita para abrirla en YC Insights, junto a cada otro batch de YC.

Ver aplicación completa

Preguntas Frecuentes

¿Es esta la aplicación YC real de Altro?

No. Y Combinator mantiene privadas las aplicaciones enviadas. Esta es una reconstrucción: las preguntas reales del formulario de YC, respondidas a partir de los datos públicos de Altro (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como Altro se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo Altro?

Altro formó parte del batch Summer 2020 de Y Combinator.

¿Quién fundó Altro?

Altro fue fundado por Michael Broughton, Ayush Jain.

¿A qué se dedica Altro?

Build Credit With Your Subscriptions

¿Cómo leo la aplicación completa reconstruida?

Crea una cuenta gratuita de Round Funded. La versión completa de 26 respuestas de la aplicación de Altro, y de cada otro batch de YC, está en YC Insights.