Coba Technologies, Inc.
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Coba Technologies, Inc. - overview
Established
2022
Location
Austin, TX, US
Primary Industry
Financial Services
About
Founded in 2022 and based in Texas, US, Coba Technologies, Inc. operates as a financial service company that provides banking solutions. Joseph Saliba (CEO) and Abraham Kuri Vargas (CTO) are the co-founders of the company. In January 2024, Coba Technologies, Inc.
raised USD 2. 2 million in seed funding co-led by Alaya VC Capital and Switch VC, including Banco BASE, Todos los derechos reservados TOPAZ Transforma, K Street Capital, Goodwater Capital, Acacia Venture Capital, and Y Combinator. The company provides a digital platform that allows non-US residents to open US accounts from their home countries. The firm’s platform enables users to deposit or receive payments in USD directly into their Coba US accounts, eliminating currency conversions and international transaction fees.
Coba enables borderless spending, empowering users to manage and spend their funds in USD or pesos without limitations, wait times, or fees. The company offers a wide range of global features tailored to the needs of today's digital workers, whether it's sending and receiving money between the US and Latin America or accessing a digital debit card for international transactions. The firm offers additional solutions such as cross-border tax advice, early payroll access, and private health insurance to support remote workers. The organization plans to use the January 2024 funding to simplify cross-border financial services in LatAm.
Current Investors
Y Combinator, Alaya Capital, Switch VC
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.coba.ai/
Verticals
Cloud Computing, FinTech, FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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