Coba

Coba is a banking company in Monterrey, Mexico, founded in 2022. It has raised $2.2M across 1 round, most recently a $2.2M Seed in February 2024.

Dual Currency Accounts For LatAm

Headquarters
Monterrey
Employees
1–10
Founded
2022
Website
coba.ai
Total Funding
$2.2M
Last Round
$2.2M SeedFeb 2024
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.

About

Coba makes it easy for Mexican knowledge workers employed by US companies to earn in US Dollars and seamlessly spend locally in Pesos. On average, a knowledge worker will lose $1,000 per year in hidden ForEx and transfer fees. In that process, their money will touch at least 3 different accounts adding time and steps along the way. These workers’ require more than simple money movement, they demand a financial solution that addresses their specific needs: banking, saving, spending - all in two currencies. Coba allows its users to not only deposit and save their earnings in a US account, but also access critical financial services at home in Mexico - from a local credit card to integrated bill pay. With Coba, remote workers can live across two currencies... efficiently and effortlessly.

Summary

It lists 1–10 employees. It has raised $2.2M in total across 1 round, most recently a $2.2M Seed round in Feb 2024. Investors include Alaya Capital and Switch VC.

Tech & App Stack

7 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed RoundFeb 2024
$2.2M

Investors

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