YCW22· OtherCypher
Crypto Neo-Bank (WhatsApp moment for bank accounts)
Founders
Not read from YC yet; the weekly run fills these in.
Same space
Competitors
Closest in what they build, same category.
PingS22The global neo-bank for contractors and freelancersShared: crypto / web3, paymentsActive
PayfuraS22Global payment gateway to buy/sell cryptoShared: defi, crypto / web3, paymentsInactive
ApolloW22Payments & Loyalty InfrastructureShared: defi, crypto / web3Active
FluxW21Cross border Payments infrastructure for internet businesses and…Shared: defi, crypto / web3Active
KoyweW23Crypto On and Off Ramp for LatamShared: crypto / web3, paymentsActive
Adjacent
Overlapping tags, a different niche.
BlindPayW25Stablecoin API for global paymentsShared: crypto / web3, paymentsActive
RioS22LATAM’s largest stablecoin FX and liquidity providerShared: crypto / web3, paymentsActive
CashmereW22Crypto wallet for web3 startupsShared: defi, crypto / web3Inactive
RainbowS19Open-source, design centric software for interacting with blockchainsShared: defi, crypto / web3Active
BlazeS24Agentic Finance for your Life and BusinessShared: crypto / web3, paymentsActive
Also from W22
Batchmates in Winter 2022.
PokoW22Seamless Fiat Payments for Web3Active
ArgoW22A social streaming platform powered by creators and fansActive
AYC FundW22AI-native crypto hedge fundActive
BunkyrW22Zero-Knowledge security without seed phrases or backup codesActive
DecentW22Cross-chain routing + trading APIs. One-click transactions with any…Acquired
RebillW22Financial infrastructure for the AmericasActive
About Cypher
Internet broke physical boundaries in commerce and made it global. It never happened in finance. Almost all financial consumer apps are country specific. Stablecoins are the internet moment for finance industry. Cypher lets an user download an app from anywhere in the world and have a bank account in 5 mins and start transacting with the crypto card. Can instantly send USDC to anywhere in the world.
San Francisco, CA, USA
Cypher: questions
Which YC batch was Cypher in?
Cypher was in Y Combinator's Winter 2022 batch (W22).
Is Cypher still active?
Y Combinator lists Cypher as acquired.
Where is Cypher based?
Cypher lists San Francisco, CA, USA as its location on YC's directory.
Not affiliated with Y Combinator. From YC's public directory. Logos via logo.dev; trademarks belong to their owners.