Sequin (Founding)

Funding Details
Awarder
YCombinator
Date Award
July 15, 2021
Vertical
Fintech,Consumer Finance
Funding URL
View Funding Page

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

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