Levro
YC S21San Francisco, US · Founded 2021 · 12 employees · 5 known investors
Levro provides a multicurrency account and payments platform that allows businesses to hold and transact in over 30 currencies at exchange rates significantly lower than traditional banks and money transfer services. The platform serves US and international companies with international customers, distributed payroll, or multi-country vendor payments, and includes features for currency hedging, recipient management, and payment reconciliation.
Also known as Novo · Levro
Founders & leadership· Y Combinator alumni (S21)
Levro was founded in 2021 by Cathy Han and Abeer Agrawal.
Investors · 5
The YC application· Summer 2021 batch
Alumni Q&A
- How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
- The two founders, Abeer and Cathy, first met as members of the same YC batch in Winter 2014.
Summarized from the founders' answers on their Y Combinator profile.
Company profile
researched Aug 2026Levro operates a multicurrency account and international payments platform for businesses. The company provides US-based accounts that can hold up to 34 currencies, enabling companies to hold, convert and send funds across borders for purposes such as paying overseas teams, settling vendor invoices, making bulk payouts and receiving revenue from international customers.
Alongside currency holding and conversion, the platform includes currency risk management, recipient onboarding, automated multicurrency reconciliation and wire tracking. Levro positions itself as a multicurrency neobank for businesses rather than a single-purpose remittance tool.
Founding story
Levro was founded in 2021 by Cathy Han and Abeer Agrawal, who met as batchmates in Y Combinator's Winter 2014 batch. Han, co-founder and CEO, previously co-founded 42 Technologies (YC W14), a big data company serving retail customers globally, and holds a finance degree from the University of British Columbia and an MBA from Harvard Business School. Agrawal previously co-founded and served as CTO of Theorem (YC W14), a machine learning hedge fund he built to over $1bn in assets under management, and holds degrees in electrical and computer engineering and computational finance from Carnegie Mellon University.
Business model
Levro serves business customers with accounts and cross-border payment capability, competing on foreign exchange pricing; its stated exchange rates are 40-90% lower than those of banks and FX services such as Wise.
Traction
Team size of 12 as listed on the company's Y Combinator profile.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Levro describes itself as a multicurrency neobank for businesses, positioned against traditional banks and FX transfer services on exchange-rate pricing.
Levro emphasizes lower foreign exchange costs than banks and incumbent FX providers, combined with free currency risk management and operational features such as automated reconciliation and wire tracking.
Technology
The platform combines multicurrency account infrastructure with currency conversion, recipient onboarding, automated multicurrency reconciliation and wire tracking capabilities.
Go-to-market
Levro markets directly to businesses with cross-border payment needs, inviting inbound contact from prospective customers via a founders' email address on its Y Combinator listing.
US and international companies with international customers, overseas employee payroll, foreign vendors, or bulk payouts to multiple countries.
Geography
Headquartered in San Francisco, with a product aimed at US and international companies making payments across multiple countries.
History
Founded in 2021, Levro took part in Y Combinator's Summer 2021 batch and is based in San Francisco, with a team of 12 as listed on its Y Combinator profile.
Compiled by commissioned research from 2 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
2 people who came through Levro went on to found or lead other companies.
Competitors · 7
by search overlap
Companies competing with Levro for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 1
launches, deals, and filingsLevro is listed as a member of Y Combinator's Summer 2021 batch, categorized under fintech, payments, finance, B2B and international.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 2
primary sources listed
- Levro: Multicurrency account & international payments for businesses | Y Combinatorycombinator.com · web
2 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Levro do?
- Levro is a multicurrency account and global payments platform that lets businesses hold, convert and pay in 30+ currencies.
- Who founded Levro?
- Levro was founded by Cathy Han, Abeer Agrawal in 2021.
- Who are Levro's investors?
- Levro's investors include Abstract Ventures, Frontline Ventures, Moonfire Ventures, South Quad, Y Combinator.
- Where is Levro headquartered?
- Levro is headquartered in San Francisco, US.