Altro

Application YC di Altro

Summer 2020Acquired

Altro ha partecipato a Y Combinator nel batch Summer 2020 come azienda Fintech. Sotto: cosa fa l'azienda, chi l'ha fondata e la sua application a YC, ricostruita domanda per domanda nel form reale di YC.

Batch YC
Summer 2020
Settore
FintechConsumer Finance
Dimensione team
29
Stato
Acquired
Lanciata
2020

Founder

  • Michael Broughton
    Michael BroughtonFounder
  • Ayush Jain
    Ayush JainFounder

Cosa fa 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.

Application YC di Altro, ricostruita

Domanda per Y Combinator

Altro, batch Summer 2020. Le vere domande del form, risposte da dati pubblici.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. 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 risposte in più nell'application completa

Founders, Progress, Idea, Equity, Curious, Batch Preference sono nella versione completa. Crea un account gratuito per aprirla in YC Insights, accanto a ogni altro batch YC.

Domande Frequenti

Questa è l'application YC reale di Altro?

No. Y Combinator mantiene private le application inviate. Questa è una ricostruzione: le domande del form YC reale, a cui si è risposto usando i dati pubblici di Altro (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come Altro si presenterebbe a YC, non il testo che hanno inviato.

A quale batch YC apparteneva Altro?

Altro apparteneva al batch Summer 2020 di Y Combinator.

Chi ha fondato Altro?

Altro è stato fondato da Michael Broughton, Ayush Jain.

Cosa fa Altro?

Build Credit With Your Subscriptions

Come leggo la ricostruzione completa della application?

Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di Altro, e di ogni altro batch YC, è in YC Insights.

Più startup YC come Altro