yBANQ
yBANQ is building a Bill.com for India to simplify collections and…
Y CombinatorWinter 2020AcquiredFintechPaymentsFintechB2B
What they do
Problem
MSMEs in India struggle with manual, error-prone collections and reconciliation because bank statements must be manually matched to invoices.
Solution
The company provides a collections and reconciliation platform that automates matching bank transactions with invoices, similar to a Bill.com for India.
Who it's for
Indian MSMEs that need to collect payments and reconcile bank statements with invoices.
Founders
Abhishek Ayyagari
Founder
Founder at yBANQ, Former Product head at PayU | Citrus payments. Built Subscriptions business at PayPal
Ganesh Mallya
Founder
Ahamed Shah Wahidullah
Founder
Company timeline
- Founded2019
- YC batchWinter 2020
- StatusAcquired
- Team size9 people
- LocationBengaluru, KA, India
