Sable
AcquiredYC S19New York City, US · Founded 2019 · 12 employees · 8 known investors
Sable provides bank accounts and debit and credit cards to international newcomers in the U.S. who lack Social Security numbers or established U.S. credit histories, enabling them to build credit from the start of their residency.
Also known as Sable Card
Founders & leadership· Y Combinator alumni (S19)
Sable was founded in 2019 by Naveen Qureshi, Joseph Finlayson, and Towers Wilen.
Investors · 8
Funding
SEC filings, press & company announcements$90M disclosed across 2 rounds · 2026
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Sable is a digital banking platform aimed at people who are new to the United States and lack a Social Security number or prior U.S. credit history. It offers U.S. bank accounts, debit cards and a secured credit card, with account opening described as taking about five minutes and requiring no SSN, credit check or minimum deposit. Applicants who have not yet arrived in the country can sign up using an international address, passport and visa. The mobile app is available on iOS and Android.
The product set combines a fee-free deposit account with a credit-building card. Marketing materials describe no monthly fees or minimum balance, FDIC insurance on deposits up to $250,000, free check-sending and money transfers, and rewards including 2% cash back at selected brands, 1% cash back on all purchases and a cash-back match in the first year. Customer support is offered in multiple languages through in-app chat, email, phone and an online FAQ. Sable participated in Y Combinator's Summer 2019 batch and is listed by YC with a team size of 12 and a status of acquired.
Business model
Consumer fintech: Sable distributes deposit accounts, debit cards and a secured credit card directly to individual users. Published card comparison material indicates a combined secured credit and debit card product priced at $15 per year and a debit-only card at $0 per year, alongside a no-monthly-fee, no-minimum-balance account.
Traction
Y Combinator lists a team size of 12. A co-founder's YC profile states the company was scaled to a few hundred thousand accounts before being sold.
Latest developments
Y Combinator's profile records Sable as acquired, with founder Naveen Qureshi now co-founder and CEO of Rapidfolio.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positioned as a full-suite banking solution for internationals in the U.S.: onboarding without an SSN or prior U.S. credit history, the ability to apply before entering the country using a passport and visa, credit-building from day one, and a rewards-bearing secured credit card marketed as a premium credit-building product.
Technology
A mobile-first banking application available on iOS and Android, supporting account opening in roughly five minutes without an SSN, in-app multilingual chat support, check sending and money transfers.
Go-to-market
Internationals who are new to the United States — including students, workers and other newcomers — who do not have a Social Security number or an established U.S. credit history, including prospective arrivals applying from abroad with a passport and visa.
Geography
Headquartered in New York City, New York, serving customers in the United States, with sign-up available to applicants using international addresses before relocation.
History
Sable was founded in 2019 and took part in Y Combinator's Summer 2019 batch. Y Combinator lists the company's status as acquired; co-founder Naveen Qureshi has since founded Rapidfolio, described as AI for fintechs and banks.
Compiled by commissioned research from 8 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 Sable went on to found or lead other companies.
Timeline · 2
launches, deals, and filingsY Combinator's company profile lists Sable's status as Acquired; the acquirer and date are not stated. A co-founder's profile states the consumer fintech was sold after scaling to a few hundred thousand accounts.
Sable is listed as a member of Y Combinator's Summer 2019 batch in the Fintech category.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
Sable raises $45M to scale AI agent for live product demos | Portal ERPportalerp.com · Jul 2026
Venture capital & startup funding roundup, July 16, 2026: 8VC, Accel, ARK Invest, GV, Khosla Ventures, Mark Cuban, and Sequoia Capital, - Tech Startupstechstartups.com · Jul 2026▸Research sources · 8
primary sources listed
- Sabel Cardsabelcard.netlify.app · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Sable do?
- Sable is a U.S. digital banking platform offering accounts, debit and credit cards to international newcomers without an SSN.
- Who founded Sable?
- Sable was founded by Naveen Qureshi, Joseph Finlayson, Towers Wilen in 2019.
- Who are Sable's investors?
- Sable's investors include AltaIR Capital, Emles Venture Partners, Outbound Ventures, Sequoia Capital, Y Combinator, BoxGroup, Jam Fund, SV Angel.
- How much funding has Sable raised?
- Sable has disclosed $90M raised across 2 rounds.
- Where is Sable headquartered?
- Sable is headquartered in New York City, US.