Live data from Hacker News

Launch YC S21: Meet the Batch, Thread #4

news.ycombinator.com

41–50 of 165 posts

Re: Launch YC S21: Meet the Batch, Thread #4

#41
post #7

We are Anta and Karthik of Inai ( https://www.inai.io/ ), a platform for setting up and operating your payment stack. We let you offer local payment methods, support multiple business models (e-commerce, subscriptions , platforms) and localise the checkout experience by region of operation. Setting up and maintaining a payment stack, especially if you operate in multiple regions, takes months of developer time. Most…

Hi Anta

I'm (among other things) a fintech consultant specializing in payments; my company primarily works with Stripe, sometimes with Adyen/Worldpay/Xsolla.

Like you said, payments orchestration is nothing new. What differentiates you from any other middleman in the field?

I'll give you one example as a test scenario: A current client of mine is a small business incorporated in the US, doing business in both the US and South Korea with $10/mo subscriptions. They want to offer native South Korean payment methods in SK such as KakaoPay and Samsung Pay. I've had to set them up with Smart2pay (Nuvei) because, after months of negotiations, Adyen wouldn't take a contract with them because they're too small a fish to care about. In the US, they offer Paypal and Stripe but their current gateway middleman (Uscreen) takes an obscene cut and doesn't offer good subscription management features to make up for it.

Their current payment stack is inconsistent, hard to manage, lacks lots of admin features and costs them more than it should. If you can do something for them, I'll be super impressed :) (Email in my profile!)

Re: Launch YC S21: Meet the Batch, Thread #4

#42

Hi HN, we are Bruno and Guilherme of Jestor ( https://jestor.com/ ). We make a no-code tool for COOs that need to scale complex offline operations such as hospitals, hotels and kitchens. At our previous company, a software development business, most of our clients asked us to build in-house tools like an "easy to use Salesforce" or a "lighter SAP" that would reflect their internal processes. They were tired of paying…

Awesome! Keep up the good work

Re: Launch YC S21: Meet the Batch, Thread #4

#44
post #40

Hi we're Nishant and Pranav of Nino Foods, which creates and operates cloud kitchen brands in India focused on the premium market. Food Delivery in India has an average order value (AOV) of 4$ vs the U.S which is >30$. This makes it hard to run a profitable food delivery business In India. Our brands target the customers in India that order food above 7$ - which accounts for 50% of industry revenues and a majority of…

Congrats on getting an actual business out of the ground! A few comments : - On your delivery website, the first step is to choose a city, but you operate just in mumbai, so I can just select mumbai. If you could remove this choice before you open in new cities, it will make the flow of ordering one step shorter. It will also allow you to better market your local brand as the wording could be : order a burger in mumb…

-good point, the direct channel website we have is built using a third party service so its not customisable. The plan is to set up our own platform where we can fully customize the flow and sell food from all our brands in a single order in the near term. Right now focus is on creating the best food.

-nope youre right , pictures are crucial in driving purchases, we'll fix that.

-interestingly Swiggy already moved into the business 2 years ago via a service called "Swiggy Access" where they created their own brands based on data. But it didnt work and they shut down all locations to shift focus back to their core business -logistics. In the longer term we plan on building brands with strong enough customer repeat rates to drive traffic to our own app/website and creating offerings exclusively available on our direct channel to reduce platform dependance.

Re: Launch YC S21: Meet the Batch, Thread #4

#45

Hello HN! We are Antonio, Felipe, Joaquin and Francois, founders of Chipax ( https://www.chipax.com/ ). We are helping SMBs (Small and Medium Businesses) in Latin America handle their finances. Chipax is self-serve online software that works with real-time data collection from the IRS and banks. We all know how painful and time consuming it is to manage finances and keep payables and receivables up to date. So we are…

Congrats folks! With that much data you'll be able to build a great financial health profile of your customers. Are you planning to offer loans? Viva Chipax!

Hi! Yes we are planning on it :)

Re: Launch YC S21: Meet the Batch, Thread #4

#46
post #16

We are Jan and Anahi of Perfekto ( https://www.perfekto.mx/ ). We offer imperfect produce in Latin America, helping to reduce food waste as otherwise the food would be thrown away. We offer a subscription box, delivered to your doorstep. We started with fruits and veggies as 54% of them are wasted in Latin America, mainly due to two reasons: strict industry standards around aesthetics (too ugly, too small, too big, b…

First off, congrats for tackling a problem like this! I'm wondering if there isn't also a big opportunity in selling this imperfect produce to food factories? Consumers have to be on board with big/small/misshapen veggies, but if I'm buying a strawberry jam, where the strawberries were chopped up in a factory, then it really doesn't matter what shape they had originally. Frankly, I'm kinda surprised if an obvious opt…

> Frankly, I'm kinda surprised if an obvious optimization like that isn't already in place - let those who care about the shape pay more for the pretty ones, and let those who don't save by buying the rest.

Oh but that's exactly how it already works in existing supply chains: "imperfect" produce gets allocated quite well with food manufacturers, restaurants and food halls, or gets donated to foster homes, hospitals, etc. And many supermarkets do in fact stock up with "imperfect" produce.

"Reducing food waste" makes for good marketing. Except it's not that true.

Re: Launch YC S21: Meet the Batch, Thread #4

#47
post #7

We are Anta and Karthik of Inai ( https://www.inai.io/ ), a platform for setting up and operating your payment stack. We let you offer local payment methods, support multiple business models (e-commerce, subscriptions , platforms) and localise the checkout experience by region of operation. Setting up and maintaining a payment stack, especially if you operate in multiple regions, takes months of developer time. Most…

Hi Anta I'm (among other things) a fintech consultant specializing in payments; my company primarily works with Stripe, sometimes with Adyen/Worldpay/Xsolla. Like you said, payments orchestration is nothing new. What differentiates you from any other middleman in the field? I'll give you one example as a test scenario: A current client of mine is a small business incorporated in the US, doing business in both the US…

Sounds great- emailing you :)

Re: Launch YC S21: Meet the Batch, Thread #4

#48
post #31
post #10

We’re Aditya and Karan, the co-founders of Warrant ( https://warrant.dev/ ). We build APIs and infrastructure to help developers implement authorization and access control in their apps. Implementing flexible authorization that grows with your application is difficult. Many products only need authentication early on but eventually require authorization; however, adding complex authorization to a mature, high usage pr…

While I think this is a cool idea, the thought of hitting the network via an API call at minimum once per request sounds ... less than ideal. That's a lot of latency add just to check authorization. And you go to all this effort to configure authorization in Warrant per-user and per-resource, why not just put it into your own tables? Edit: and I just saw the pricing... 1k API calls a month? I'd quite literally hit th…

Thanks for the feedback! Latency/perf is definitely top of mind. We're looking at different ways to improve it (caching, sidecar integrations, private cloud deployments), especially for large volume users. But we still believe that a service-driven approach is the way to go.

In terms of initial setup and configuration, I agree there's room to improve and remove friction. We're building tools and integrations that should just make this much easier.

We're also iterating on price and do offer volume discounts. So if that's an issue, reach out to us! (aditya@warrant.dev)

Re: Launch YC S21: Meet the Batch, Thread #4

#50
post #10

We’re Aditya and Karan, the co-founders of Warrant ( https://warrant.dev/ ). We build APIs and infrastructure to help developers implement authorization and access control in their apps. Implementing flexible authorization that grows with your application is difficult. Many products only need authentication early on but eventually require authorization; however, adding complex authorization to a mature, high usage pr…

This is the right idea. Implementation is necessarily going to evolve, but this is the right problem to be solving and doing authz as a service is the right way to do it. I've hacked around on a related concept (different implementation, guided by UMA2, unique use cases, etc.) and it's one of those services that is just necessary and will adapt to SaaS well. Will watch progress closely. Key business piece imo will be…

Thanks for the feedback! Libraries and integrations are definitely on our list and we're also thinking about private tenant/cloud deployments (although still early on that).
Post reply on HN