Funding Details
- Awarder
- YCombinator
- Date Award
- July 20, 2023
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Valuation
-
$0
Company Info
- Founding Year
- 2023
- Company Description
- 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.
- Market
- Fintech
- Coinvestors
- YCombinator
Links