Candidature YC de Altro

Summer 2020Acquired

Altro a été sélectionné par Y Combinator dans le cadre du batch Summer 2020 en tant qu'entreprise Fintech. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.

Batch YC: Summer 2020
Secteur d'activité: FintechConsumer Finance
Taille de l'équipe: 29
Statut: Acquired
Lancé: 2020

Fondateurs

Michael BroughtonFounder
Ayush JainFounder

Ce que fait 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.

Candidature YC de Altro, reconstruite

Candidature Y Combinator

Altro, promotion Summer 2020. Les vraies questions de candidature, répondues à partir de données publiques.

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 réponses supplémentaires dans la candidature complète

se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.

Voir la candidature complète

Questions fréquemment posées

Est-ce la vraie candidature YC de Altro ?

Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de Altro (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Altro se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC Altro appartenait-il ?

Altro faisait partie du batch Summer 2020 de Y Combinator.

Qui a fondé Altro ?

Altro a été fondé par Michael Broughton, Ayush Jain.

Que fait Altro ?

Build Credit With Your Subscriptions

Comment lire la candidature complète reconstruite ?

Créez un compte Round Funded gratuit. La version complète de la candidature de Altro en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.