Sequin is a debit card for women to build credit.
Sequin (Y Combinator) is the first debit card that builds credit for women. The Sequin Card launched only 3 weeks ago and already has 1500+ cards pre-qualified, 100+ live with $20,000 in deposits, $8k in TPV, and no paid marketing (referrals). Vrinda Gupta, the founder and CEO, launched the Chase Sapphire Reserve at Visa, where she was rejected from the credit card she built! She learned that 70% of women today were also getting rejected from these credit cards like her. She teamed up with ex-PayPal engineering leader, Mark Thomas, co-founder and CTO, to transform her debit card to build credit by first spotting purchases and reporting repayments to credit bureaus (Experian reporting live). Sequin is backed by high-profile investors such as the Schwab Family, Y Combinator, and IDEO Ventures and is an official Visa partner. The team plans to expand its offerings into a $65B largely untapped market for women's credit products with smarter underwriting and targeted rewards.