Pagaloop

Application YC di Pagaloop

Winter 2021Active

Pagaloop ha partecipato a Y Combinator nel batch Winter 2021 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 2021
Settore
FintechPayments
Dimensione team
23
Stato
Active
Lanciata
2021

Founder

  • Gerardo Briones
    Gerardo BrionesFounder
  • Carlos Cruz
    Carlos CruzFounder
  • LUIS FERNANDO DOSAL G
    LUIS FERNANDO DOSAL GFounder

Cosa fa Pagaloop

Pagaloop helps business owners and persons in Latin America pay, get paid and extend cash flow using credit cards to finance expenses like rent, taxes, payroll and suppliers, via an extended network of relevant partnerships (federal/local governments, AMEX, HSBC, schools and universities, etc.). The Company provides a service in which a payment is made to a third party (that would typically not accept credit card as a payment method) in exchange for a fee of 4.7% (+ taxes). Additionally, Pagaloop offers payments in 3, 6, 9 or 12 months with an extremely accessible commission. All of those solutions without taking any underwriting risk, which remains at the issuer of the credit line.

Application YC di Pagaloop, ricostruita

Domanda per Y Combinator

Pagaloop, batch Winter 2021. 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

Pagaloop

Describe what your company does in 50 characters or less.

Use credit cards to pay bills and manage cash flow

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

We built a platform that lets businesses and individuals in Latin America pay expenses like rent, taxes, payroll, and suppliers using their credit cards, even when these recipients usually don't accept cards. Our service pays the third party on the user's behalf and charges a 4.7% fee plus taxes. Users can also choose installment plans of 3, 6, 9 or 12 months with low commissions. We don't take credit risk; all underwriting remains with the credit issuer. This helps users extend their cash flow without needing new credit lines or loans.

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

We live and work mostly in Mexico City, CDMX, Mexico, and the company would remain based here after YC.

Explain your decision regarding location.

Mexico City is where our users are and where we have built partnerships with governments and financial institutions. Staying local lets us focus on solving the specific credit card payment gaps in Latin America, which are different from other regions.

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 Pagaloop?

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

A quale batch YC apparteneva Pagaloop?

Pagaloop apparteneva al batch Winter 2021 di Y Combinator.

Chi ha fondato Pagaloop?

Pagaloop è stato fondato da Gerardo Briones, Carlos Cruz, LUIS FERNANDO DOSAL G.

Cosa fa Pagaloop?

Pay, Get Paid and Extend Cash Flow using your Credit Card as…

Come leggo la ricostruzione completa della application?

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

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