Cypher
Crypto Neo-Bank (WhatsApp moment for bank accounts)
Y CombinatorWinter 2022ActiveFintechPaymentsDeFiCrypto / Web3Payments
What they do
Problem
Consumer banking and money transfers are fragmented by country, making it hard to open an account quickly and send money globally.
Solution
Cypher is a stablecoin-powered neo-bank app that lets users open an account in minutes, transact via a crypto card, and instantly send USDC worldwide.
Who it's for
Individuals worldwide who want a fast, borderless digital bank account and global payments.
Founders
Kuberan Marimuthu
Founder
Currently building Cypher (crypto on-chain banking) Ex-Engineering Leader at Coinbase, Amazon & Zenefits. Built spoturtrain.com and scaled it to 2 million active users a month. 3rd time founder.
Company timeline
- Founded2021
- YC batchWinter 2022
- StatusActive
- Team size12 people
- LocationPalo Alto, CA, USA
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