Coba

The US Account with Mexican Power

118 followers

The US Account with Mexican Power

118 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

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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

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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2yr ago

Congratulations on the launch! I'm so happy with your app and service. Thanks for an amazing product, it is great to earn USD and expend MXP without problems.

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2yr ago

Coba

Maker

Love to have you as part of our members, @arturo_cerecero! We feel grateful to shape this product with your feedback and support.

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2yr ago

Excellent idea for anyone who can take advantage of it. But I'm sorry to say that these kinds of platforms contribute to gentrification in poor countries.

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2yr ago

Congratulations for this launch! in the past i used an app called sammy.. now discontinued, after that i discovered COBA and i must say its completely awesome, you really did a great job. As a user i can say its an incredible app with Mexican power! hurrah!! i really hope later the account can have some adds like having your own SPEI number to receive deposits in Mexico and have the best mix of US account and MX account. big thank you!

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2yr ago

Congrats! When will Coba support the rest of LATAM?

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2yr ago

Coba

Maker

We are working hard to accelerate this @tonyyanga!

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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

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