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CapWay

DefunctYC S20

Atlanta, US · Founded 2018 · 9 employees · 21 known investors

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CapWay was a fintech company focused on creating inclusive financial access, but the company has ceased operations.

FintechSaaSConsumerEnterpriseNeobankUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S20)

CapWay was founded in 2018 by Sheena Allen.

SASheena Allen
Sheena AllenFounderuntil 2025Sheena Allen founded Sheena Allen Apps during college and later created CapWay, a digital banking platform offering inclusive financial services. She also co-leads GRITS, an entrepreneurial launchpad, and is working on a fintech-AI venture.30 Under 30 2019

Investors · 21

New Orleans Startup Fundlisted by New Orleans Startup FundNew Orleans
Stacked Capitallisted by Stacked CapitalNew York

How we know: Stacked Capital's portfolio page · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

Backstage CapitalreportedLos Angeles · $50K

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Cedar Point CapitalreportedCedar Rapids

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Collective WOCreportedAtlanta

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Emles Advisorsreported

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Emles Venture PartnersreportedNew York

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Fearless FundreportedAtlanta · $250K – $3M

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Hustle FundreportedSan Carlos · $150K

How we know: Y Combinator's founder network · Not right? Tell us

Indicator VenturesreportedNew York · $1M – $3M

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Initialized CapitalreportedSan Francisco · $1M – $5M

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Khosla VenturesreportedMenlo Park · $100K – $20M

How we know: funding news · press coverage · Y Combinator's founder network · Not right? Tell us

Kleiner PerkinsreportedMenlo Park · $500K – $15M

How we know: Y Combinator's founder network · Not right? Tell us

Lombardstreet VenturesreportedWoodside · $500K

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MaveronreportedSeattle · $100K – $8M

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Open Opportunity FundreportedAtlanta · $100K – $1M

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Sundial Foundationreported

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Valor VenturesreportedSouth · $500K – $3M

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Vida VenturesreportedLos Angeles

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Related companies · 6

FoxwayFoxway provides circular technology services including device refurbishment, resale, and recycling through subsidiaries across Europe, Asia, and the US, serving large organizations and resellers with a Device-as-a-Service subscription model for IT equipment.
Elevate (formerly Bloom)Elevate provides online banking accounts for workers globally, partnering with established banking institutions to offer secure financial services and protection regardless of geographic location.
GreyGrey enables remote workers and freelancers to open foreign bank accounts and receive international payments in their local currency. The platform focuses on serving digital nomads and creators in developing economies with simplified cross-border payment solutions.
MunifyMunify is a blockchain-powered financial platform enabling individuals and businesses to manage multiple currencies, send money instantly globally, and access stablecoin-backed virtual cards without traditional banking infrastructure. The platform serves the MENA region as an embedded finance solution for cross-border money movement and fintech operations.
InstaKinInstaKin helps migrant communities purchase and send goods such as medicines, groceries, and other items to family members in their home countries. The service handles both product delivery and task management for families separated by distance.
PanaPana offers dollar-denominated accounts that let users open an account from their phone using a passport or ID, and send, receive, and manage money internationally with fee-free transfers between users. It targets individuals moving money between Latin America and the U.S., offering direct deposit, cash deposit/withdrawal, and a Mastercard debit card.

Companies working in the same space as CapWay.

Legal entities · 1

corporate structure
CapWay Inc

In the news

CapWay Launches Inclusive Digital Bank With Finance-Inspired Lifestyle Products and Servicesfinance.yahoo.com · Oct 2021

Frequently asked questions

What does CapWay do?
CapWay was a fintech company focused on creating inclusive financial access, but the company has ceased operations.
Who founded CapWay?
CapWay was founded by Sheena Allen in 2018.
Who are CapWay's investors?
CapWay's investors include Gaingels, New Orleans Startup Fund, Stacked Capital, Y Combinator, Backstage Capital, Cedar Point Capital, Collective WOC, Emles Advisors and 13 more.
Where is CapWay headquartered?
CapWay is headquartered in Atlanta, US.