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!
Congrats on the launch! What benefits does Coba offer for managing cross-border transactions between the US and Mexico?
Wow, Coba sounds like a revolutionary solution! 🌟 The ability to earn in USD and spend seamlessly in pesos is such a smart idea - this will definitely make life easier for international workers. Kudos to the team!!
The ability to earn in USD and spend seamlessly in pesos is such a smart idea :) This will definitely make life easier for international workers. Kudos to the team for addressing this important need!
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.
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!
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.
Pretty cool product i've ever seen. Congratulations to your launch, Eduardo! Just gave it a good upvote
congratulations eduardo on launching coba. bridging financial operations between the us and mexico seems like a crucial step. curious, how does coba handle security concerns that might arise with cross-border transactions?
Congratulations on the launch! This seems like a game-changer for freelancers and remote workers in Mexico. Does Coba plan to offer any special features or incentives for users who frequently travel between the US and Mexico?
The ability to earn USD and spend pesos effortlessly with Coba is impressive. Great launch, Eduardo and team!
I was looking for a product like this. Will try and share my feedback! Congrats on the launch!
Congrats to you and the team at Coba for tackling such a crucial need. Removing financial barriers between the US and Mexico is a huge win for individuals on both sides of the border.🎉
A few questions come to mind:
Are there plans to expand Coba's services to other countries beyond the US and Mexico?
Hola!:) Looks like a useful thing. Might be able to expand to different digital nomads in the future
Bridging the financial systems of two countries like this can greatly improve convenience and financial accessibility.
How do you think Coba will impact the financial habits and savings of its users in Mexico? Could this model be expanded to other countries and currencies in the future?
