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.
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!
