Rank (formerly Moni) YC Başvurusu

Winter 2022Active

Rank (formerly Moni), Fintech şirketi olarak Winter 2022 grubunda Y Combinator'dan geçti. Aşağıda: şirketin ne yaptığı, kimin kurduğu ve gerçek YC formunda yeniden yapılandırılmış YC başvurusu.

YC grubu: Winter 2022
Sektör: FintechCredit and Lending
Ekip büyüklüğü: 20
Durum: Active
Lansmanı Yapıldı: 2022

Kurucular

Femi IrominiFounder
Adedapo SobayoFounder

Rank (formerly Moni) ne yapar

Moni finances small businesses in groups across Africa. The collective responsibility of the group serves as a collateral on the loan while the social pressure from the members ensures on-time repayment. There are over 44million SMBs in Africa.   We launched 7 months ago and we already have $72k MRR growing at 50% MoM. We achieved 99% repayment on 11,000 units of loans with over $5M disbursed. This is 15 times higher than most financial services in Africa.   Femi (CEO) worked previously with the World Bank with a focus on financial services while Dapo (CTO) led the development of the technology for one of the largest digital lending apps We are also backed by Y Combinator(W22), Magic Fund, Ventures Platform, Voltron Capital and more.

Rank (formerly Moni)'in YC başvurusu, yeniden yapılandırılmış

Y Combinator başvurusu

Rank (formerly Moni), Winter 2022 dönemi. Gerçek form soruları, herkese açık verilerden yanıtlandı.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Rank (formerly Moni)

Describe what your company does in 50 characters or less.

Group financing for small businesses in Africa

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

We provide group loans to small businesses across Africa. Instead of traditional collateral, the loan is backed by collective responsibility within business groups and enforced through social pressure to ensure repayment. Our platform manages loan disbursements, group formation, and repayment tracking.

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

We live in Lagos, Nigeria, and are currently based there with a remote team. After YC, the company will remain based in Lagos with remote support.

Explain your decision regarding location.

We chose Lagos because it's the heart of Africa's small business activity and fintech innovation. Being local helps us understand and serve the 44 million SMBs in Africa who have no reliable access to credit.

Tam başvuruda 21 ek cevap

Founders, Progress, Idea, Equity, Curious, Batch Preference tam sürümde. YC Insights'ta, diğer her YC grubu yanında açmak için ücretsiz bir hesap oluşturun.

Tüm başvuruyu gör

Sıkça Sorulan Sorular

Bu, Rank (formerly Moni) şirketinin gerçek YC başvurusu mu?

Hayır. Y Combinator gönderilen başvuruları gizli tutar. Bu bir yeniden yapılandırmadır: gerçek YC form soruları, Rank (formerly Moni)'in kamuya açık verilerinden (lansman notları, kurucu geçmişleri, ürün açıklaması) yanıtlanmıştır. Rank (formerly Moni) gibi bir şirketin YC'ye kendisini nasıl sunacağını gösterir, gönderdikleri metni değil.