Also known as: MejorCDT
Latin America's Deposits Marketplace for Banks
Company is active
Event Year: 2021
Company is active
Event Year: 2021
Luable operates a bank deposits marketplace tailored for the Latin American financial landscape. This platform enables banks to secure funding more efficiently and cost-effectively from retail users, presenting a compelling alternative to the expenses associated with establishing traditional branch networks or expanding sales teams. By consolidating various banks within a single, user-friendly marketplace, Luable empowers retail users to make informed decisions based on their specific needs. Furthermore, it equips emerging banks with the tools to deliver a comprehensive digital experience without incurring substantial fixed costs. Since its launch in 2021, Luable has facilitated over $30 million USD in deposits for numerous banks and is actively extending its reach from Colombia into Mexico and the Caribbean.
Luable operates a bank deposits marketplace tailored for the Latin American financial landscape. This platform enables banks to secure funding more efficiently and cost-effectively from retail users, presenting a compelling alternative to the expenses associated with establishing traditional branch networks or expanding sales teams. By consolidating various banks within a single, user-friendly marketplace, Luable empowers retail users to make informed decisions based on their specific needs. Furthermore, it equips emerging banks with the tools to deliver a comprehensive digital experience without incurring substantial fixed costs. Since its launch in 2021, Luable has facilitated over $30 million USD in deposits for numerous banks and is actively extending its reach from Colombia into Mexico and the Caribbean.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Fintech
Fintech
Fintech -> Asset Management
Fintech -> Asset Management
Team size: 40
Hiring: No
Team size: 40
Hiring: No