LendUp

Aplicación YC de LendUp

Winter 2012Inactive

LendUp pasó por Y Combinator en el batch Winter 2012 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 2012
Industria
FintechCredit and Lending
Tamaño del equipo
201
Estado
Inactive
Lanzado
2011

Fundadores

  • Sasha Orloff
    Sasha OrloffFounder/CEO
  • Jacob Rosenberg
    Jacob RosenbergFounder/CTO

Lo que hace LendUp

Could a fintech company be built that helps people today, and prepares them for tomorrow? One that offers consumers high quality, mobile-first credit and savings products and protects them from tricks and traps? That’s LendUp. LendUp's mission is to provide anyone with a better path to financial health. We believe there are two types of financial products: chutes and ladders. Ladders help people up, chutes push people down. One of our core values is that every product we offer at LendUp is a ladder, measured by the long-term financial well-being of our customers. LendUp credit cards, loans, and savings resources reflect our commitment to getting our customers to a better financial state. We are a data-driven company and build all of our technology in-house. With a firm belief that you're more than your credit score, we're extending credit as aggressively as possible and helping solve for the income volatility and financial instability that affects more than 140 million Americans. We are backed by more than $325 million in debt and equity financing from investors such as GV, PayPal, Y Combinator, QED Investors, Susa Ventures, Data Collective, Thomvest Ventures, Kleiner Perkins, Kapor Capital, Bronze Investments, radicle impact, Victory Park Capital, Reddit co-founder Alexis Ohanian, Gmail founder Paul Buchheit, Troy Carter, and many others. One of our values is "different backgrounds, same mission."​ We come from venerable Silicon Valley technology companies, major banks, nonprofits and law firms. We're former consumer advocates, regulators and academics. Together, we're bringing our mission to life. Join us!

Aplicación YC de LendUp, reconstruida

Solicitud de Y Combinator

LendUp, batch Winter 2012. 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

LendUp

Describe what your company does in 50 characters or less.

Mobile-first credit and savings for financial health

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

We make credit and savings products designed to help people improve their financial health over time. Our products avoid traps like high fees and predatory terms and focus instead on building credit and savings sustainably for users with unstable income or low credit scores.

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

We currently live in San Francisco, CA, and plan for the company to continue to be based here after YC.

Explain your decision regarding location.

San Francisco is where we have our network, talent, and the fintech ecosystem. Being here keeps us close to financial regulators and technology partners we need.

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 LendUp?

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

¿En qué batch de YC estuvo LendUp?

LendUp formó parte del batch Winter 2012 de Y Combinator.

¿Quién fundó LendUp?

LendUp fue fundado por Sasha Orloff, Jacob Rosenberg.

¿A qué se dedica LendUp?

LendUp is a socially responsible company on a mission to redefine…

¿Cómo leo la aplicación completa reconstruida?

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

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