Funding Details
- Awarder
- YCombinator
- Date Award
- July 15, 2021
- Vertical
- Fintech,Consumer Finance
- Funding URL
- View Funding Page
- Valuation
-
$0
Company Info
- Founding Year
- 2021
- Company Description
- Sequin (Y Combinator) is a membership-based high-yield checking account (that's right, high interest on checking!) and debit card with built-in education, community, and rewards designed with women's best interests in mind - literally.
Vrinda Gupta, the founder and CEO, launched the Chase Sapphire Reserve at Visa, where she was rejected from the credit card she built! She learned that 70% of women today were making avoidable financial mistakes like she was, and embarked on a mission to close gender-based financial gaps. She teamed up with ex-PayPal engineering leader, Mark Thomas, co-founder and CTO, to build a membership-based banking designed to empower women financially.
Sequin is backed by high-profile investors such as the Schwab Family, Y Combinator, and IDEO Ventures and is an official Visa partner. The team plans to expand its offerings into a $65B largely untapped market for women's financial products from first bank account to retirement products.
- Market
- Fintech
- Location
-
San Francisco,
CA,
USA
- Coinvestors
- YCombinator
Links