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OneText (YC W23) — Frictionless payments via SMS

OneText is disrupting SMS marketing and payments. We win incremental sales for direct to consumer brands by making every purchase as effortless as paying with your hotel room number.

OneText is a Y Combinator company in the Winter 2023 batch. Its directory entry describes it as: Frictionless payments via SMS. The founders listed are Jonathan Fudem (Founder), Daniel Brain (Founder) (Y Combinator directory entry, October 25, 2022).

6 more companies from YC Winter 2023 ↓

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OneText

New accelerator entry · 2022-10-25 · the record

Winter 2023
batch
6
people
Early
stage
United States of America
region
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What the record says

BatchWinter 2023
Announced2022-10-25
StageEarly
StatusActive
Team size6
IndustryFintech
Sub-industryFintech -> Payments
SectorsFintech, Payments, Consumer, B2B, E-commerce
RegionsUnited States of America, America / Canada, Remote, Fully Remote
BasedSan Francisco, CA, USA; Remote
HiringNo
Sitehttps://onetext.com
Founded2021
YC group partnerJared Friedman

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Also in YC Winter 2023

Same batch, Fintech first.

What do you want to do with OneText?

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In their words

OneText is disrupting SMS marketing and payments. We win incremental sales for direct to consumer brands by making every purchase as effortless as paying with your hotel room number. OneText shoppers literally reply and buy with one text. In our first year, we’ve onboarded 50 fast-growing e-commerce brands and have added as much as 14% in incremental revenue to their bottom lines. In March, we generated $597,000 dollars in payments. In April, we’ll book $50,000 dollars in revenue. Founders Jonathan Fudem/CEO and Daniel Brain/CTO met at PayPal Checkout where we designed and launched some of the world’s best checkout experiences. We left PayPal to build a payments company that actually helps merchants acquire customers and win sales. The CMO of our largest customer, a $90M clothing brand, says we have revolutionized marketing for his company, and are, quote: “the best thing that’s happened to SMS marketing in forever.” We are excited to share what you can do with OneText.

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What the Full Report on OneText covers

  1. The Short Answer

  2. Which Company This Is

  3. What They Do, And How The Money Works

  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

  7. Warning Bells

  8. Sources

    1 cited source found

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OneText: Accepted into Y Combinator Winter 2023
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Permanent URL: https://mentionfox.com/funding/yc-onetext
Last updated 2026-10-27
Primary record: Y Combinator directory entry
OneText (YC W23) — Frictionless payments via SMS. MentionFox, 2026-10-27. https://mentionfox.com/funding/yc-onetext