Coba

The US Account with Mexican Power

120 followers

The US Account with Mexican Power

120 followers

Coba allows workers in Mexico employed by international companies to earn USD and spend seamlessly in pesos. Coba offers all the benefits of the modern US financial system while providing convenient, real-time access to those funds in Mexico.

Free

Launch tags:Remote Work•Finance•Banking

Launch Team

Figr AI: UX Agent for Product Teams — Learns your product. Thinks through UX

Learns your product. Thinks through UX

Promoted

Coba

Maker

📌

Thanks for hunting Coba, @mwseibel! Hi y’all - Eduardo here, co-founder and Head of Product @ Coba. We started Coba with the vision of removing financial barriers between the US and Mexico (and beyond!). Today, Coba allows any individual living in Mexico to open a US deposit account and easily move and spend money, in dollars or pesos, in both countries. We give our customers control over their finances by reducing the costs of foreign exchange, making transfers to Mexico faster and more efficient and more ways to spend with both US and Mexico card programs. You can open your account today in less than 5 minutes! If you’re a Mexican losing money on forex and international commissions on your USD paychecks, Coba is for you. If you’re an American living in Mexico and struggling to access local banking to pay your rent/mortgage or even paying at a local store, Coba is your solution. Coba builds its services with banks on both sides of the border, with our Bangor Savings Bank, our sponsor bank, in the US and BancoBASE in Mexico. This allows us to offer great services and products in both markets. Shoot me a message with any questions - we love hearing from prospective and current customers!

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2yr ago

@mwseibel @edolopez You're solving a massive problem. I have a lot of friends that left california and went to Cabo. Cant wait to see where this app goes

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2yr ago

Coba

Maker

Hey @jaketital - interesting scenario. This is something we have discovered along the way; our infrastructure can support other demographics and use cases in this corridor. I would love to hear more about their challenges as expats living in Cabo MX. Feel free to share my availability with your friends (https://app.reclaim.ai/m/edo/fle...) and I will prioritize these conversations. Thanks for the support!

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2yr ago

ozma.io

Congratulations on the launch! This seems like a game-changer for freelancers and remote workers in Mexico. Does Coba plan to offer any special features or incentives for users who frequently travel between the US and Mexico?

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2yr ago

Coba

Maker

Thanks for asking this, @kirill_markin! Of course. As part of our growing backlog, we are developing strategic partnerships that will allow us to offer special discounts and rewards for our active members, specifically when using their Coba Mexico Mastercard. Did you have something specific in mind? Is there any use case that would be worth discussing and understanding? Thanks!

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2yr ago

Could this be something for digital nomads when you have more countries?

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2yr ago

Coba

Maker

@jsteneros The answer is yes. Our vision is to tackle local pain points from people living in specific jurisdictions within Latin America — the opportunity is big and there are not many players focused on the local pain points from international workers across the region. Whether a digital nomad, expat, or local professional, Coba should be your option.

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2yr ago

Congratulations to Coba for revolutionizing cross-border payments! Well done!

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2yr ago

Coba

Maker

Thanks @alexbender!

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2yr ago

SiteForge - AI Website Wireframer

congratulations eduardo on launching coba. bridging financial operations between the us and mexico seems like a crucial step. curious, how does coba handle security concerns that might arise with cross-border transactions?

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2yr ago

Coba

Maker

Interesting @mashy - we have integrated a security layer as part of our world-class standard. When our clients interact with their account and their funds, we require them to provide a second form of authentication. We are working with vendors incorporating multiple layers of security, where all of them are PCI and SOC2 compliant.

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2yr ago

BaseQL

Congratulations on the PH launch! App and service have been great. Truly market-opening to be able to seamlessly earn in USD and spend in MXP. Keep on with such an exceptional product!

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2yr ago

Coba

Maker

Thanks for your support @benoror! Such an honor to have you as part of our current members!

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1yr ago

Congratulations 🎉 @edolopez on the launch

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2yr ago

Coba

Maker

Thanks @soumikmahato!

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2yr ago

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