Coin

Aplicación YC de Coin

Winter 2013Acquired

Coin pasó por Y Combinator en el batch Winter 2013 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
Winter 2013
Industria
FintechConsumer Finance
Tamaño del equipo
11
Estado
Acquired
Lanzado
2012

Fundadores

  • Kanishk Parashar
    Kanishk ParasharFounder/CEO
  • Karthik Balakrishnan
    Karthik BalakrishnanFounder/CTO

Lo que hace Coin

Coin is a consumer electronics and financial technology company bringing simplicity and security to payments. Through the Coin developer program, wearables makers now have a turnkey solution for integrating secure payments into their devices (e.g. fitness trackers, smartwatches, jewelry). Follow the company on Twitter @coin or learn more about the Coin developer program at Coin 2.0 smart payment device Coin 2.0 is a secure smart device that has the form factor of a credit card, but it holds your cards in one - including your credit, debit, gift and loyalty cards. Coin 2.0 lets you swipe or tap your cards at millions of merchants across the USA. Coin 2.0 has 80%+ compatibility, partly because we use cutting-edge technology that has not yet been integrated into all point-of-sale systems. We encourage customers to carry a “backup card” given the wide variety of sales registers in the USA. While Coin 2.0 shares the same form factor as a credit card, it features enhancements such as an electronic display and a single button to allow for simple switching between different cards. With over-the-air updates, Coin 2.0 adapts to evolving payment technology, offering future-ready ubiquity in a small and powerful package. Coin's security features also keep your information safe. Auto-unlock means that only you can use your Coin 2.0 while Last Known Location helps you find your Coin 2.0 in case of loss or theft. Coin 2.0 is designed for use in the USA. To verify identify, a Social Security Number is required. Website: Video:

Aplicación YC de Coin, reconstruida

Solicitud de Y Combinator

Coin, batch Winter 2013. Las preguntas reales del formulario, respondidas con datos públicos.

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

Company

Company name

Coin

Describe what your company does in 50 characters or less.

Mobile wallet that works everywhere credit cards do

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

We make Coin 2.0, a credit card-sized smart payment device that stores multiple cards - credit, debit, gift, loyalty - in one. It lets users tap or swipe at most US merchants' terminals. The device has a display and a button to switch cards, auto-unlocks for security, and reports its last known location if lost. Over-the-air updates keep it compatible as payment tech evolves.

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

We live in and operate out of San Francisco, CA, and plan to keep the company based here after YC.

Explain your decision regarding location.

San Francisco is where the payments ecosystem, tech talent, and wearables makers are concentrated. Being here lets us work closely with partners and users.

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.

Preguntas Frecuentes

¿Es esta la aplicación YC real de Coin?

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 Coin (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como Coin se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo Coin?

Coin formó parte del batch Winter 2013 de Y Combinator.

¿Quién fundó Coin?

Coin fue fundado por Kanishk Parashar, Karthik Balakrishnan.

¿A qué se dedica Coin?

A mobile wallet that allows you to pay everywhere credit cards are…

¿Cómo leo la aplicación completa reconstruida?

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

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