Inscrição YC de Cheddar

Summer 2014Inactive

Cheddar passou pela Y Combinator no batch Summer 2014 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 2014
Indústria: FintechBanking and Exchange
Tamanho da equipe: 2
Status: Inactive
Lançada: 2014

Fundadores

Alex FryerFounder/CEO
Brian BrunnerFounder

O que Cheddar faz

Ditch your bare-bones, high-fee checking account. You deserve free and powerful everyday banking. Nearly 3 out of 4 millennials would rather go to the dentist than listen to their bank. While it's possible that we just really love our oral hygiene, it's more likely that we don't trust or like our banks. It's not hard to understand why. Big banks use big budgets and armies of salespeople and marketers to sell old-school products layered with fees and penalties. Their profits increase when we spend more, overuse debt, and make mistakes like overdrafting. Big banks get away with this because banking is such a vital service. Everyday spending and saving decisions that begin at the checking account ultimately determine whether we'll lead a healthy and secure financial life. What can be done? Bill Gates believes banks aren't necessary for banking. Millennials believe technology companies can make banking better. So let's build a better bank. Cheddar is a new mobile bank account, debit card, and business model to free the world from underpowered checking accounts and evil banks.

Inscrição YC de Cheddar, reconstruída

Inscrição Y Combinator

Cheddar, lote Summer 2014. As verdadeiras perguntas do formulário, respondidas com dados públicos.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Cheddar

Describe what your company does in 50 characters or less.

The Best Mobile Checking Account

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

We are building a mobile bank account with a debit card designed for millennials who hate traditional banks. Our product offers a free alternative to checking accounts loaded with fees and penalties. It helps people take control of their everyday spending and saving without the usual traps big banks set.

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

We do not have a fixed location now, and plan to base the company wherever makes the most sense after YC.

Explain your decision regarding location.

We want to stay flexible given the small size of our founding team and the early stage of the product, focusing on testing and customer acquisition wherever possible.

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 Cheddar?

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 Cheddar (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como Cheddar se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC Cheddar esteve?

Cheddar fez parte do batch Summer 2014 da Y Combinator.

Quem fundou o Cheddar?

O Cheddar foi fundado por Alex Fryer, Brian Brunner.

O que o Cheddar faz?

The Best Mobile Checking Account

Como eu leio o application completo reconstruído?

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