Coba
PrivateLast Round
Seed
Jan 30, 2024
Total Funding Raised
$2.7M
Company Overview
Coba is a financial technology company that provides a cross-border financial platform for individuals and businesses operating between the United States and Mexico. The platform enables users, particularly remote workers and freelancers in Latin America, to open a U.S. deposit account to receive earnings in USD and seamlessly spend them in local currencies like Mexican Pesos. Coba's services include a US bank account, local spending cards, and international bank transfers with competitive exchange rates, aiming to reduce the fees and complexities associated with cross-border transactions. The company is not a bank itself but partners with regulated financial institutions to provide its services. After participating in the Y Combinator Summer 2023 batch, Coba raised a $2.2 million seed round in early 2024.
Sector
Enterprise Software
Verticals
Sales Enablement, Workflow Automation, Data Integration, Business Intelligence
Business Model
B2C
Customer Profile
Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Coba Comps
Public and private peers based on sector, stage, and business model.
Coba Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Jan 30, 2024 | ||||
| Accelerator | Sep 6, 2023 |
Coba Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Topaz Capital Group | Seed |
| Y Combinator | Seed, Accelerator |
| Alaya Capital Partners | Seed |
Coba Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Coba's valuation, stock price, and market status.
