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Moreta

YC S24

San Francisco, US · Founded 2024 · 4 employees · 2 known investors

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Moreta is a mobile wallet app that enables travelers and expatriates to make payments in Asia and Latin America by scanning QR codes compatible with local payment networks, with automatic currency conversion from the user's home currency.

Also known as Moreta Global Inc.

FintechTravel & HospitalityPaymentsConsumerTravelConsumer FinanceUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (S24)

Moreta was founded in 2024 by Walid Mahd and Sam Yu.

WMWalid Mahd
Walid MahdCEO & Co-FounderPreviously, he worked as a fintech and payments consultant at Mastercard Advisors and holds an HBA from Ivey Business School.
SYSam Yu
Sam YuCo-founder & CTOHe studied computer science at the University of Waterloo and has held positions at Stems as head of research & development, where he led mobile app and AI product development, as well as internships at Apple, Google, Meta, and Uber working on various product initiatives.

Investors · 2

Tekedia CapitalreportedLagos · $1K

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

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Companies working in the same space as Moreta.

Legal entities · 1

corporate structure
Moreta Global Inc.

In the news

Moreta: Payments made easy for international travelersycombinator.com · Aug 2024

Frequently asked questions

What does Moreta do?
Moreta is a mobile wallet app that enables travelers and expatriates to make payments in Asia and Latin America by scanning QR codes compatible with local payment networks, with automatic currency conversion from the user's home currency.
Who founded Moreta?
Moreta was founded by Walid Mahd, Sam Yu in 2024.
Who are Moreta's investors?
Moreta's investors include Y Combinator, Tekedia Capital.
Where is Moreta headquartered?
Moreta is headquartered in San Francisco, US.