Coba

Dual Currency Accounts For LatAm

Coba is a company in fintech based in Monterrey, N.L., Mexico; Austin, TX, USA, founded in 2020.

Profile

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.

Coba is positioned in fintech, a segment that rewards a clear, focused offering.

The business is associated with Monterrey, N.L., Mexico; Austin, TX, USA.

Directory data places it at the Summer 2023 stage.

The company reports a headcount in the 9 range.

Website: www.coba.ai