Financial Technology and Services Startups funded by Y Combinator (YC) 2025

Building extremely affordable financial infrastructure for Africa.

Groww aims to empower people in India by making financial services simple, transparent and delightful. By leveraging technology, we build reliable and accessible financial services. Groww is India's largest stock broker (in terms of active NSE clients) and the largest distributor of mutual fund SIPs.

Newfront is building the modern insurance brokerage. Transparent data delivered real-time translates into a lower total cost of risk and greater insights. We work with 20% of US unicorns, 100s of YC startups, and 150+ public companies on their Business Insurance and Total Rewards. Headquartered in San Francisco, Newfront has more than 800 colleagues and offices throughout the US.

Brex is the AI-powered spend platform for modern companies, from startups to enterprises. Combining corporate cards, expense management, travel, business accounts, and bill pay, Brex makes it easy to control spend before it happens with unprecedented efficiency and accuracy. Our mission is to empower employees anywhere to make better financial decisions, so we designed our platform to make expenses almost effortless with unrivaled automation of manual expense work and real-time tracking. Brex supports more countries and currencies than any other spend solution. Brex has tens of thousands of customers, including some of the most successful, high-growth companies, such as DoorDash, SeatGeek, Coinbase, ScaleAI, MasterClass, Indeed, Allbirds, and Superhuman. Brex offers: - Corporate cards with 10-20x higher limits - Business accounts with easy wires, same-day liquidity, fast global payments, and $6M in FDIC insurance - Reward options that include billboards, offsites, and coaching - Founder-friendly financial modeling tools - Special events and masterclasses for founders - Advanced spend management software as startups grow that includes global capabilities, travel, bill pay and more.

The journey of building Razorpay started in 2014, when Harshil Mathur (CEO & Co-Founder) and Shashank Kumar (MD & Co-Founder) witnessed the dismal state of the online payments industry in India then and understood that they have a larger and more important issue to solve. And That was democratizing online payments for Indian businesses, particularly the underserved market, Startups and SMEs. Over the last 9 years, Razorpay has evolved from a single-product company to a multi-product company, from an online payment gateway to India’s only full-stack financial solutions company, offering payments and banking solutions to businesses. Razorpay today is transforming age-old complexities and changing every known paradigm of money movement for disruptive businesses. Over the last couple of years, Razorpay’s growth has evolved to be an index of India’s digital economy. From a kirana shop in Kashmir collecting payments on our POS device to a textile exporter in Kanyakumari accepting dollars through our International Payments product, Razorpay has revolutionised how businesses have traditionally transacted and interacted with money. Razorpay became the first and only Indian fintech to build a full-stack international Payment Gateway ‘Curlec by Razorpay’ and evolved into a comprehensive provider of payment solutions, leveraging the synergy between cutting-edge technological capabilities and a profound understanding of the local payment ecosystem. The introduction of the new Curlec Payment Gateway aims to cater to a wide spectrum of businesses, expanding its reach to over 5,000 establishments. Be it for international expansion or solving for Indian businesses, for Razorpay, the customer has always been at the core of all disruption, from addressing evolving needs to delivering new solutions. This hyperfocus helped bring Razorpay’s several industry-first innovations into the market since 2014. Razorpay became the first to launch a completely digital on-boarding process for startups, first to launch support for UPI, first to launch support for Bharath QR, first to introduce recurring payments for businesses through Razorpay Route, automating payment receipts and later automate payouts and making the entire process seamless and optimized and many more were introduced aling the way. Other firsts include: - First to launch India’s Multi-Network Tokenisation solution, TokenHQ - Razorpay became India’s first payment gateway to support credit cards on UPI - Razorpay also became India’s largest omnichannel payment gateway for businesses post acquiring Ezetap which is India’s leading offline POS company that was founded with the aim to simplify the in-person offline payments experience. Over the years, Razorpay’s valuation has jumped from $1 billion to $7.5 billion and has added a host of marquee investors to its captable. Razorpay is also the second Indian company to be a part of Silicon Valley’s largest tech accelerator, Y Combinator. Marquee investors such as Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global, Sequoia Capital India, Ribbit Capital, Matrix Partners, Salesforce Ventures, Y Combinator, and MasterCard have invested a total of $741.5 Mn through Series A, B, C, D, E and F funding. The last financing round of Series F led the company’s valuation to $7.5 Billion signaling one of the fastest increases in valuation for an Indian Unicorn. Razorpay has also made acquisitions with like-minded companies over the last 9 years. In total, till date, Razorpay has made eight acquisitions, Billme in 2023 - A Digital invoice and customer Engagement, Ezetap in 2022 - India’s leading offline POS company, PoshVine in 2022 - India’s leading loyalty and reward management platform, IZealiant in 2022 - A mobile-first, API-enabled, and cloud-ready payment solution and made its first international foray in South-East Asia by announcing its acquisition of Curlec in 2022 - A recurring payments platform. TeraFin Labs in 2021 - the AI-based SaaS platform that facilitates digital financing solutions, Opfin (Now RazorpayX Payroll) in 2019 - The payroll management solution and Thirdwatch in 2019, the first acquisition - The AI-powered fraud detection platform. All these efforts are being done in collaboration with banks, regulators, and stakeholders so that India can build a better place for small and big businesses. Today, Razorpay powers online payments for 76 Of 100 startup unicorns and millions of businesses in India. The core premise of what Razorpay was founded in 2014 and what it is today hasn’t changed. It is to make money movement simpler and easier, whether it is for businesses to receive money, send money, or manage money.

Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin. Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system. Our first step on that journey is making digital currency accessible and approachable for everyone. Two principles guide our efforts. First, be the most trusted company in our domain. Second, create user-focused products that are easier and more intuitive to use.

SmartAsset is an online destination for consumer-focused financial information and advice. Reaching approximately 59 million people each month (as of January 2024) through its educational content and personalized calculators and tools, SmartAsset's mission is to help people make smart financial decisions. Additionally, SmartAsset powers SmartAsset AMP, a national marketplace connecting consumers to financial advisors. Building on SmartAsset’s relationship with millions of investors, SmartAsset AMP connects financial advisors directly with prospects who meet their target client profile. Our algorithm matches consumers with up to three fiduciary financial advisors. In 2023, SmartAsset helped advisors close an estimated $34 billion.

Launched out of Y Combinator’s 2009 Summer batch, Stripe is a global technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use our software to accept payments and manage their businesses online Stripe is a proud partner of YC companies—from Airbnb (S09) to Defog (W23)—to help them grow their businesses and increase the GDP of the internet.

Rocket Money (formerly Truebill) is a leading personal finance app that analyzes members' spending habits, identifies inefficiencies, and offers immediate methods to improve their financial health. It enables people to optimize their spending, manage subscriptions, lower their bills, and automatically set aside money to reach their savings goals. Truebill has saved members more than $100 million since 2016 and is headquartered in Silver Spring, Maryland, with offices in San Francisco. Truebill's mission is to empower people to live their best financial lives. Truebill offers members a unique understanding of their finances and a suite of valuable services that save them time and money - ultimately giving them a leg up on their financial journey. Truebill is backed by Accel, Bessemer Venture Partners, Eldridge Industries, and YCombinator.

Amera automates claims processing for health insurance payers. We turn messy claim inputs (PDFs, bills, receipts, EDI and non-standard submissions) into structured data that plugs into existing systems. This cuts manual entry and exception handling, speeding up operations and reducing cost. We are already working with payers / plan administrators representing ~100k members, giving them access to more affordable care options.

Sava is building the agentic trust company for an industry that manages $6.5 trillion in U.S. assets today. A trust charter is the state license that lets us act as a legal trustee: open and administer trusts, hold assets, and make distributions under the law. We treat that charter like infrastructure. Think Stripe for fiduciary work: one integration and dashboard to open a trust, fund it, track it in real time, make distributions, and stay compliant. Our AI agents handle the grunt work: collect data, chase signatures, assemble documents, reconcile positions so that people can focus on making high-quality decisions. Every step is captured in a timestamped audit trail. Agents also enable continuous compliance: risk checks run as data changes. Reviews are prompted automatically. Nothing falls through the cracks. Team Nimit Maru, CEO – 2X YC Founder. Built and sold Fullstack (S12) for $55M on $1M raised. Experienced the trust industry's dysfunction firsthand post-exit and came back to YC to fix it. Rush Sadiwala, COO – Experienced founder, previously backed by Kevin Rose at True Ventures. Spent the first 5 years of his career on the buy side in Investment Management. We're in YC F25 and working with experienced trust professionals, including a Chief Trust Officer from a top-tier trust company, to bring modern infrastructure to the trust industry.

Private markets are still opaque, manual, and locked inside Excel. Every year, trillions of dollars in venture, real-estate, and private-equity capital are deployed through diligence processes that haven’t changed in decades. Analysts spend hours parsing PDFs and spreadsheets just to understand what a company or property is worth. Alt-X is building the data and AI infrastructure layer for alternative assets — a system that ingests unstructured deal materials, normalizes the data, and generates institutional-grade analysis in seconds. Whether it’s a private-company dataroom or a real-estate offering memorandum, Alt-X extracts key KPIs like ARR, growth, NOI, IRR, and cap rate, then produces investor-ready dashboards and reports automatically. Our platform reduces deal evaluation timelines by up to 73%, saves 30–50 analyst hours per deal, and enables teams to screen 4× more opportunities with the same headcount. By automating KPI extraction, benchmarking, and underwriting, Alt-X transforms diligence from a manual bottleneck into a scalable process. This hasn’t been done at scale because private-market data is fragmented across formats and asset classes. Alt-X’s parsing engine unifies this chaos into a structured schema — the backbone for cross-asset underwriting, KPI dashboards, and automated risk scoring. Our first wedge is real estate and private equity, where underwriting is slowest and most manual. We’re already piloting with family offices and private funds managing over $200 million in assets, paying $1K–$5K per month to automate deal screening and valuation. The opportunity is massive: over $1.4 trillion in new private-equity and real-estate deals are underwritten globally each year, with $25–30 billion spent on diligence and analytics. Yet over 90% of this still happens manually. Alt-X’s mission is to become the operating system for private-market investing — the Bloomberg Terminal of the AI era.

Casey is the fastest way for commercial insurance brokers to submit complex risks. We automate client data collection, build risk profiles, and prepare carrier-ready submissions for wholesalers and underwriters in minutes.

Fernstone is a a full-stack AI insurance brokerage for critical indusries. We are competing directly with the 40,000 commercial insurance brokers in the US that earn $80B in revenue each year. Today, construction and industrials companies use Fernstone to obtain coverage for complex risks. Luke and James met at Traba (industrial staffing startup backed by Founders Fund). There, they created and led the enterprise function, growing it from 0 to 25% of company revenue, while closing customers like JB Hunt and Kimberly Clark. Bryant, James’ friend since high school, was a Software Engineer at Google and SentiLink; he studied Math & CS at Vanderbilt.

Selfin is developing AI-powered banking. Users can enjoy personalised recommendations and optimisations of their finances by connecting all their financial products on a single platform.

Freeport is the DeFi brokerage for wealth-oriented investors who want safe yields, no fees, and differentiated investment options. Get exposure to curated onchain enterprises, pre-IPO companies, structured credit, and other alternative digital assets.

Zavo is the first AI-point of sale platform for restaurants. We unify payments, point of sale, and AI agents into one seamless platform, allowing business to accept payments, manage operations and automate manual processes with Ai. From reservations, to payments to point of sale, we have built the full restaurant tech stack in-house with AI automation across all products. We started Zavo in May 2025, currently over 400 businesses of different sizes use Zavo to accept payments and manage operations

Munify is the cross-border Neobank for the Middle East and its diaspora. Instantly open a USD account, get a virtual card, and send money home at the best rates, all from one app.

Palace (palace.so) is an AI board observer that private market investors use to monitor+report on portfolio companies. We save investment teams 100's of hours every quarter on manual data entry and provide real-time analytics across their portfolio.

Get paid in USD or stablecoins, spend with a Visa card, and cash out to Pix instantly - made for Brazilians earning from abroad.

Gaus is an AI investment advisor for retail investors. Founded by Bruno Koba (Nubank, monashees) and Daniel Tulha (Stripe, Robinhood), Gaus gives every active investor an AI investment advisor working around the clock to surface their next great investment. We’re backed by YC (S25). Retail investors now account for 25% of all U.S. trading volume, nearly double from 2012. But over 56% still say they don’t feel confident in their investment decisions. Gaus fixes that. Our AI agents uncover opportunities, decode emerging trends, and deliver analysis tailored to you. Instead of drowning in noise, investors gain a clear edge, shifting from guesswork to confident decision-making.

The domain specific AI for claims that gives leading insurers clarity and speed on the most complex claims

Shor is a new Employer-of-Record built from the ground up with AI agents and stablecoins. We enable remote teams to hire and pay global employees at a fraction of the cost. The process is fast, simple, and fully compliant. Today, global payroll is broken. Payments take days, cost 5–10% in fees, and force companies to navigate complex banking, tax, and labor regulations. Platforms like Deel and Rippling solved this for large enterprises but remain too expensive and cumbersome for the millions of startups and growing remote teams scaling globally. Shor fixes this by combining autonomous AI agents with stablecoin-based settlement. Our agents handle contracts, worker classification, compliance, and payroll automatically in a simple, messaging-first experience. Payments can settle in seconds rather than weeks at a fraction of the cost of legacy providers. We are making global payroll fast, affordable, and accessible for the millions of companies left out by legacy platforms.

Veritus is a omni-channel platform for deploying AI agents for loan servicing and collections, including inbound and outbound voice agents. Our agents negotiate repayment plans, follow up across channels, and drive recoveries with zero human involvement. By combining cutting edge voice AI with deep regulatory compliance and vertical specialization we're able to drastically reduce the cost-to-collect while increasing recovery rates.

Chestnut is the first AI mortgage lender. We automate 99% of human work with AI agents, saving customers 0.5%+ in interest. This is Spencer's second mortgage startup; the first processes 2% of US mortgages annually. So far, Chestnut is licensed in Texas and Colorado where we power purchases, refinances, cash-outs, and more.

Acolite builds AI teammates that handle submissions, issuing COIs, and SOV mapping across any AMS. Like an extra teammate, you simply forward an email and Acolite handles the rest.

QFEX is the 24/7 exchange for traditional financial markets. We let you trade US equities, commodities and FX pairs with (or without) leverages of up to 100x. On QFEX, UX comes first: brokerless market access, seamless integration with traditional payment rails, and ultra-efficient Perpetual Futures offered over all asset classes. Trading has never been simpler, cheaper or fairer than with QFEX. Founded by Quants and Engineers from Citadel & Tower Research who saw an opportunity to make markets how they always should have been, QFEX will eventually replace the entire $100 billion exchange and clearing industry.

We’re building an AI-powered Bloomberg Terminal using Financial Agents. I used to be a trader at Tower Research and Goldman Sachs, and I’m building Scalar Field with my co-founder Ramakant, who led engineering teams at Microsoft. We’ve both spent our careers at the intersection of finance and technology — and we’re using that experience to reimagine how markets are analyzed and traded. Scalar Field is built around a simple idea: most people log into a terminal because, consciously or subconsciously, they’re trying to validate a hypothesis. But today’s terminals don’t help with that. They’re dashboards — not thinking tools. So we built Scalar Field to change that: a platform where users can test any market hypothesis instantly using intelligent agents. You can spin up agents that react to market events, run backtests across data from multiple asset classes, and even trigger trades when specific conditions are met — all in one place.

Approval AI is an AI-powered mortgage co-pilot that automates the most complex parts of getting a mortgage: rate shopping, negotiation, and paperwork, all in one place. We automate what brokers and loan officers do, and hand those tools directly to the buyer.

Avallon automates insurance claims operations with AI agents that handle routine calls and documents processing.

Infinite is a stablecoin payment processor. We offer businesses turnkey APIs and SDKs to instantly move money anywhere in the world at a fraction of the cost of traditional solutions.

Rally is a financial platform for businesses that operate vehicle fleets. We're starting in Europe, where over €1 trillion is spent annually on fuel, charging, maintenance, and other fleet expenses - most of it still running on legacy networks built in the 1960s. We set a new standard for fleet finance by streamlining payments and automating workflows across bookkeeping, credit, and driver payroll, helping real-world businesses like delivery services, construction crews, and service technicians stay in control and operate efficiently.

PAX is a new crypto exchange and is the first – in all capital markets – to operate from a single chip rather than an entire datacenter. PAX moves traders to within nanometers of the exchange – closer than ever before possible. Such proximity unlocks unprecedented value to high frequency customers and PAX shares this value by offering zero-fee with cash-back to every other market participant on every trade. PAX is to exchange as Robinhood was to retail brokerage: the first in the industry to “go to zero” and a complete game changer across every asset and geography. PAX founders, Pete and Ben have spent years working as high-frequency traders, from crypto to traditional markets. Having directly experienced the benefit of electronic trading, they share a belief in its potential to further evolve and create better global markets.

Axiom is the trading platform for decentralized finance and currently offers memecoins, perpetuals, and yield. Since launch we've hit 10M MRR and 5M monthly net profit.

AI-native operating system for commercial insurance brokerages.

BlindPay is a stablecoin API that enables companies to send and receive money worldwide using fiat money, stablecoins and multiple blockchains. We handle all the complex compliance and regulatory requirements, so companies can focus on their core business.

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.

Canadians have not benefitted from fintech innovations in the last 10 years. They are stuck with a banking oligopoly and limited access to tech-first financial offerings (a lot of products still require you going to a branch in person!). We're fixing this.

finbar is the AI investment analyst used by several top-20 (AUM) hedge funds. It automates financial modelling, research, and data analysis so multi-million-dollar decisions can be made 100x faster.

At Harper, we are building a fully autonomous commercial insurance brokerage powered by AI. Our initial focus is on mid-sized businesses with complex insurance needs, but our vision is to eventually serve every business in the country. By leveraging AI to automate key workflows in the insurance process, we efficiently secure optimal coverage for each client's unique requirements at competitive prices and with rapid turnaround. Our AI system learns from the expertise of our brokers, accumulating not just knowledge but also the specific workflows, data, and capabilities that pave the way to full autonomy.

RiskCube helps venture-backed startups to compare business insurance, buy the right coverage online, and manage policies all in one place. If you're a startup looking to buy insurance, please reach out.

Keye is an AI software that lets private equity firms do due diligence for acquisitions faster and more accurately. Our customers can evaluate 10x more deals and fund better companies which leads directly to better returns/more alpha. -- Our system is the first of its kind to instantly generate complex, comprehensive data packs from raw data in any format, directly from the data room. This enables investors to gain an 80% understanding of a potential deal within moments, empowering them to say No to a deal earlier in the process and focus on high-potential opportunities. Traditionally, creating these detailed data packs—like cohort or retention analyses and customer roll-forwards—takes weeks, during which critical details may be overlooked, potentially costing funds millions in missed insights and poor decisions. -- Keye combines cutting-edge AI with deep private equity expertise to deliver powerful, multi-layered insights that go far beyond the simple summarizers and search functions offered by other tools. Our platform dives deep into both quantitative and qualitative due diligence data, offering high-impact analytics crafted specifically for private equity workflows. This isn’t just automation—it’s a purpose-built solution that uncovers actionable insights, fueling smarter decisions and driving true alpha.

Sphinx automates the manual work of compliance analysts. Our AI agents make AML decisions, helping banks and fintech eliminate onboarding bottlenecks.

CollectWise automates consumer debt collection with AI. Our platform allows creditors and agencies to double their recovery rates while reducing collection costs by 75%.

Sunset can track down bank accounts, retirement accounts, investment accounts, property and more for families after losing a loved one. Sunset will close those accounts and move the money into a Sunset estate account to manage.

We’re building a research lab that puts its ideas to the test in one of the most complex, information-rich environments in the world: the financial markets. Much of trading still depends on hand-crafted signals and intuition. We’re approaching it differently - from first principles. We design systems that learn, adapt, and improve with data. Our infrastructure is built to accelerate research: fast iteration loops, real-time feedback, and direct connection between ideas and outcomes. We’re starting with liquid markets like equities and options - high-dimensional, dynamic systems where traditional pipelines break down. Our goal isn’t just to model them better - it’s to build a platform for experimentation, where every result tightens the loop between theory and practice. If you care about learning systems, clean abstractions, and applying research in the wild - we’re hiring.