Inscrição YC de Altro

Summer 2020Acquired

Altro passou pela Y Combinator no batch Summer 2020 como uma empresa Fintech. Abaixo: o que a empresa faz, quem a fundou e sua inscrição para a YC, reconstruída pergunta por pergunta no formulário real da YC.

Batch YC: Summer 2020
Indústria: FintechConsumer Finance
Tamanho da equipe: 29
Status: Acquired
Lançada: 2020

Fundadores

Michael BroughtonFounder
Ayush JainFounder

O que Altro faz

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.

Inscrição YC de Altro, reconstruída

Inscrição Y Combinator

Altro, lote Summer 2020. As verdadeiras perguntas do formulário, respondidas com dados públicos.

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 respostas a mais na inscrição completa

Founders, Progress, Idea, Equity, Curious, Batch Preference estão na versão completa. Crie uma conta gratuita para abri-la no YC Insights, ao lado de todos os outros batches da YC.

Ver inscrição completa

Perguntas Frequentes

Esta é a inscrição real da YC de Altro?

Não. A Y Combinator mantém as inscrições submetidas em privado. Esta é uma reconstrução: as perguntas reais do formulário da YC, respondidas a partir dos dados públicos de Altro (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como Altro se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC Altro esteve?

Altro fez parte do batch Summer 2020 da Y Combinator.

Quem fundou o Altro?

O Altro foi fundado por Michael Broughton, Ayush Jain.

O que o Altro faz?

Build Credit With Your Subscriptions

Como eu leio o application completo reconstruído?

Crie uma conta gratuita no Round Funded. A versão completa de 26 respostas do application do Altro, e de todos os outros lotes do YC, está no YC Insights.