Luable

Latin America's Deposits Marketplace for Banks

Y CombinatorSummer 2021ActiveFintechAsset ManagementFintech

What they do

Problem

Banks in Latin America need a faster, cheaper way to raise retail deposit funding without the high costs of branches or large sales teams, while consumers need an easy way to compare deposit products across banks.

Solution

Luable provides a digital marketplace that aggregates bank deposit offerings and enables users to place deposits while giving banks a low-cost channel to acquire funding.

Who it's for

Retail depositors use the platform to choose and place deposits, and banks use it to acquire retail deposits and funding digitally.

Founders

Charlie Correa

Founder

Early Uber employee, launched UberX in Colombia, Dominican Republic and Argentina, and led DiDi Chuxing expansion in Colombia as Head of Ops building a team of 50 people and capturing 30% of market share in 3 months. Now building Luable, a fintech that allows Banks get faster and cheaper funding from Retail users, that already has USD $30M+ in deposits, from thousands of Retail users.

David Susa

Founder

Colombian. Systems and Computing Engineer. Msc on Information Security. In God I trust, all others must bring data. +8 years working on software development, serving thousands of customers on a SaaS platform for real state in LATAM.