Founder hub

Guillermo Acuรฑa

YC WisdomYC Wisdom Podcast ยท Koywe ยท 2023-08-03

About

Summary Guillermo Acuรฑa is the founder at Koywe. Highlights ๐Ÿš€ Founder at Koywe ๐Ÿ”Œ Expert in technology and digital transformation ๐ŸŒ Passionate about entrepreneurship and innovation ๐Ÿ“ˆ Experience in strategic planning and project management ๐ŸŽ“ Holds a degree in Computer Science ๐Ÿ’ก Dedicated to driving organizational growth ๐ŸŒŸ Committed to creating meaningful solutions through technology and innovation

Best quotes

Corey way means a tree in Patagonia that survives really harsh weather I like that

We applied before with this idea that change with we discovered this problem that needed to be solved and this is what we're doing and we're gonna do it with or without YC and then we got invited to an interview

As long as you're having fun like you shouldn't feel old like that's my view at least like if I feel old then it means I'm not having fun right

For a company that's mostly infrastructure their documentations the recommendation is a part of your product just as important as how you're coding it

FAQ

What does Koywe do as a company?

Koywe builds infrastructure to receive local payments in local currencies and handles the onboarding of groups with a real use case mindset, powering traditional financial use cases and businesses.

What challenges did Guillermo Acuรฑa face with his previous startup, Complim?

After nine years of building the peer-to-peer lending platform, the Chilean FBI and regulators presented a complaint and visited the offices, claiming the business was illegal despite operating according to the code of Commerce.

How did the idea for Koywe start?

Guillermo and his co-founder initially wanted to work on something related to crypto and climate change, such as buying carbon offsets. They realized there was a major onboarding problem in Latin America due to complicated crypto-purchasing steps, leading them to build local payment infrastructure instead.

How is Koywe currently funded and performing?

Koywe has been working with customers for eight months, is profitable, and processed 13,000 transactions in July. Because the company is profitable, Guillermo evaluates whether to maximize long-term profits or raise funding to accelerate growth.

Episode

Related topics

Y Combinator Deep Tech & Space

Watch more on YouTube โ†’

Want the system behind these conversations?

Book a call with Charles. Sales, partners, or investors โ€” pick the door that fits.

Book a call