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Polar

YC W24

San Francisco, US · Founded 2024 · 2 employees · 8 known investors

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Polar provides remote workers, freelancers, and maritime employees with U.S. bank accounts and tools to transfer dollars to over 120 countries, hold USD savings at competitive rates, and trade commodities and cryptocurrencies.

Also known as GoldenBasis, Inc. · Aria · Aria, GoldenBasis · GoldenBasis

Crypto & Web3FintechCrypto / Web3InvestingRemittancesNeobankUnited States of AmericaAmerica / CanadaFully Remote

Founders & leadership· Y Combinator alumni (W24)

Polar was founded in 2024 by Grant Ackerman and Andrew Wang.

GAGrant Ackerman
Grant AckermanCo-founder & CEOPreviously, he led integration efforts at Altruist following its acquisition of SSG, and served on Princeton University's investment office, where he also earned a degree in Economics, Computer Science, and Finance.
AWAndrew Wang
Andrew WangCTOHe previously worked in quantitative research and software engineering roles at Citadel and Bridgewater, and holds a degree in Operations Research and Financial Engineering from Princeton University.
BJ
Birk JernströmFounder
GA
Grant Ackerman Andrew WangFounder

Investors · 8

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

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

Abstract VenturesreportedSan Francisco · $250K – $750K

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

AccelreportedPalo Alto · $500K – $100M

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

Agrolimen Venturesreported

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

Copperplate Capital LLCreportedPalo Alto

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

General CatalystreportedSan Francisco · $30M

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

Soma CapitalreportedSacramento · $100K – $300K

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

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

CobaCoba provides an infrastructure platform for instant, compliant cross-border money movement between the US and Latin America, serving businesses conducting cross-border transactions. The company operates regulated partner rails across multiple corridors and currencies in the region.
NeemaNeema offers a mobile financial platform serving underbanked Americans, combining a digital wallet, check cashing, international remittances to over 90 countries, and a debit card for in-store and ATM access.
SwadeshSwadesh provides financial services tailored for Indian immigrants and non-US citizens in the United States, offering banking products and financial inclusion services designed for their specific needs across different life stages.
PartnaPartna provides payment infrastructure for cross-border transactions across Africa using stablecoins as the settlement layer. The company serves crypto apps, fintechs, and global businesses operating in the region.
AfriexAfriex provides a remittance service enabling immigrants to transfer money to over 25 countries at low costs with rapid settlement.

Companies working in the same space as Polar.

Legal entities · 1

corporate structure
GoldenBasis, Inc.

In the news

GoldenBasis - Modern back-office software for brokeragesycombinator.com · Feb 2024

Frequently asked questions

What does Polar do?
Polar provides remote workers, freelancers, and maritime employees with U.S. bank accounts and tools to transfer dollars to over 120 countries, hold USD savings at competitive rates, and trade commodities and cryptocurrencies.
Who founded Polar?
Polar was founded by Grant Ackerman, Andrew Wang in 2024.
Who are Polar's investors?
Polar's investors include Eight Capital, Y Combinator, Abstract Ventures, Accel, Agrolimen Ventures, Copperplate Capital LLC, General Catalyst, Soma Capital.
Where is Polar headquartered?
Polar is headquartered in San Francisco, US.