Candidature YC de Sunlight

Summer 2022Active

Sunlight a été sélectionné par Y Combinator dans le cadre du batch Summer 2022 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 2022
Secteur d'activité: Fintech
Taille de l'équipe: 6
Statut: Active
Lancé: 2022

Fondateurs

Guy ZivFounder
Leo ChaneaFounder
Gil PeretzFounder

Ce que fait Sunlight

Sunlight is an API to change the card-on-file with apps and subscription services. Fintechs use Sunlight to automatically make their cards top-of-wallet as soon as they're issued. Merchants, service providers and subscriptions-based businesses everywhere now offer their customers the ability to save a debit/credit card on file, so they can pay their bills on time, buy in one click, or earn rewards. In 2021, 79% of consumers worldwide reported already having at least one payment card saved with a service or being open to doing so. In recent years, card-issuing as-a-service has become mainstream: any company can now start their own card business in a matter of weeks. Last year, the number of new payment cards issued was at an all-time high. For users, however, switching banks or opening a new card now comes with an additional hurdle: they need to update their payment info across the internet. On the other side of that equation, card issuers have no visibility or control over the card-on-file updating process, and as a result struggle to get their new users to switch their spend from their old card to the new one, leading to low conversion rates and missed revenue opportunities. Until Sunlight. With our universal get-your-card-on-file API, FIs can now offer their users, at any point in their journey, a quick and easy way to update their debit/credit card info everywhere they shop or pay online, without ever leaving their Apps. The Sunlight API works on every platform that has a card-on-file option (think Uber, Amazon, Netflix, DoorDash, Starbucks and so many more…), is as seamless as a Plaid connection, and always gets the card number and CVV code right on the first try!

Candidature YC de Sunlight, reconstruite

Candidature Y Combinator

Sunlight, promotion Summer 2022. Les vraies questions de candidature, répondues à partir de données publiques.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Sunlight

Describe what your company does in 50 characters or less.

The Universal Card-On-File API

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

We built an API that lets financial institutions update their users' card-on-file information automatically across merchant apps and subscription services. When a card is issued or refreshed, Sunlight updates it everywhere the user has saved their card, without them needing to go to each app to change it.

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

We are based in New York, NY, and Tel Aviv-Yafo, Tel Aviv District, Israel.

Explain your decision regarding location.

We're split between the US and Israel because that's where our founding team lives and works. Both locations have strong fintech ecosystems, which helps us build and sell Sunlight.

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 Sunlight ?

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 Sunlight (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Sunlight se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC Sunlight appartenait-il ?

Sunlight faisait partie du batch Summer 2022 de Y Combinator.

Qui a fondé Sunlight ?

Sunlight a été fondé par Guy Ziv, Leo Chanea, Gil Peretz.

Que fait Sunlight ?

The Universal Card-On-File API

Comment lire la candidature complète reconstruite ?

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