Coba

Dual Currency Accounts For LatAm

Monterrey, Mexico · Founded 2022 · $2.2M raised

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

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

Coba is a Banking company based in Monterrey, Mexico, founded in 2022. It has raised $2.2M in total across 1 round, most recently a $2.2M Seed round in Feb 2024. Investors include Alaya Capital.

Tech & App Stack

4 technologies & apps tracked

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Funding History

SeedSeed RoundFeb 2024
$2.2M

Investors

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