Apollo
Apollo, formerly known as Five, is a fintech company based in San Francisco that offered a unique debit card rewarding transactions with fractional and full stock shares, targeting the USA and Canada.
Company History
Apollo, previously known as Five, is a fintech startup based in San Francisco, CA, USA. The company participated in Y Combinator's S21 batch and operated within the fintech industry with a specific focus on consumer finance. Despite being in the early stages, Apollo garnered attention for its innovative approach to integrating financial technology with everyday consumer transactions.
Industry and Sub-Industry
Apollo operates within the fintech industry, specifically focusing on the consumer finance sub-industry. The company aimed to revolutionize consumer finance by providing innovative financial products that integrate seamlessly into the users' everyday lives. This focus helped Apollo carve out a niche in an increasingly competitive fintech market.
Debit Card and Stock Rewards
One of Apollo's key products was a debit card that rewarded users with fractional shares of stock for every transaction. This unique offering allowed users the chance to win full shares of their favorite stocks with each swipe. This approach combined everyday financial transactions with investment opportunities, fostering better financial engagement among consumers.
Operational Regions
Apollo mainly targeted the United States of America and the broader America/Canada regions. The company tailored its services to meet the unique financial needs and regulations of these markets, providing localized support and solutions to its users in these areas.
Team and Location
Apollo was headquartered in San Francisco, CA, USA, and operated with a small team of three members. The team’s compact size allowed for a nimble and agile working environment, fostering innovation and quick decision-making processes in their early-stage operations.