Emerging Markets Startups funded by Y Combinator (YC) 2026

In emerging markets, open finance is still nascent. Most of the population is traditionally unbanked, banking APIs don’t exist, and a borrower’s financial history lives in documents: e-wallet records, bank statements, utility bills, and more. Because this data is unstructured, credit and risk teams are forced into manual review. This slows decisioning, increases costs, and caps lending volume. Kita is the AI platform for global lending operations. We help lenders in emerging markets automate application completion, document verification, and underwriting from messy financial documents — using AI to extract fraud-checked data and localized risk signals that power faster, better credit decisions. Under the hood, Kita is a learning engine. We link document-level signals to repayment outcomes, allowing our models to continuously improve fraud detection and risk assessment over time. This creates a compounding advantage for lenders as their distinct underwriting decisions feed back into the system. We’re Carmel and Rhea. We met before Stanford and have been building together ever since. Carmel is from Manila, is a repeat founder, and spent three years in product at Apple. Rhea has a research background in computer vision and received the highest honor in Stanford Computer Science. Together, we combine deep local context with strong technical execution to build the infrastructure that expands access to credit in emerging markets.

Karsa is a stablecoin neobank for over 100M people in emerging markets. We enable people to buy dollar-denominated stablecoins, save money in US bank accounts, and spend anywhere with a Visa card.

Paasa helps wealthy Indians invest in global equities - without middlemen, hidden fees, or paperwork. While high-net-worths in India often have international expenses from children's education to healthcare, most still save in INR, a currency that depreciates ~2–5% per year against the USD. Why? - Broken outward remittance process - Fear of making mistakes in tax or compliance - Paper-heavy onboarding processes of international brokers - Lack of trustworthy guidance Paasa offers a mobile app that enables Indians to trade worldwide, invest via advisory, and automate every cross-border tax filing.

Cleva enables African freelancers and businesses to receive international payment for their service, while protecting themselves from local currency volatility. With a Cleva USD account, one can easily receive USD payment from anywhere in the world, spend via a card, pay bills, convert to local currency, and save in USD to hedge against local currency volatility.

Waza is the B2B platform for global payments and emerging market trade. We make it easy and affordable for businesses with no access to USD to fulfil their global payment obligations, treasury and liquidity needs.

Capture leads, scan badges, enrich data, and sync it all to your CRM—at events, conferences, and beyond. Powered by AI and our proprietary data engine, Popl helps companies around the world turn in-person events into a measurable & scalable growth channel.

We started Outtalent because we believe that talent is equally distributed, but opportunity is not and emerging markets have an exceptional number of great but undervalued engineers. We believe getting a job at one of the world’s best companies sets people on a great path to realize their full potential. Outtalent is funded by YCombinator, world-class venture capital funds, executives from Google and Facebook, and other angel investors who are passionate about our mission. We have already helped software engineers from Russia, Ukraine and Central Asia get jobs at Google, Amazon, Microsoft and many other companies in the US, Canada, and Europe.

Lynks is an e-commerce company that makes high demand products accessible to people in developing countries.