LendUp

Application YC di LendUp

Winter 2012Inactive

LendUp ha partecipato a Y Combinator nel batch Winter 2012 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
Winter 2012
Settore
FintechCredit and Lending
Dimensione team
201
Stato
Inactive
Lanciata
2011

Founder

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

Cosa fa 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!

Application YC di LendUp, ricostruita

Domanda per Y Combinator

LendUp, batch Winter 2012. 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

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 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 LendUp?

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 LendUp (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come LendUp si presenterebbe a YC, non il testo che hanno inviato.

A quale batch YC apparteneva LendUp?

LendUp apparteneva al batch Winter 2012 di Y Combinator.

Chi ha fondato LendUp?

LendUp è stato fondato da Sasha Orloff, Jacob Rosenberg.

Cosa fa LendUp?

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

Come leggo la ricostruzione completa della application?

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

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