Coba YC Application
Coba went through Y Combinator in the Summer 2023 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.
- YC batch
- Summer 2023
- Industry
- Fintech
- Team size
- 9
- Status
- Active
- Launched
- 2023
Founders
Abraham Kuri VargasFounder
Eduardo Lopez De LeonFounder
Carlos Alberto Medellin GonzalezFounder
What Coba does
Coba makes it easy for Mexican knowledge workers employed by US companies to earn in US Dollars and seamlessly spend locally in Pesos. On average, a knowledge worker will lose $1,000 per year in hidden ForEx and transfer fees. In that process, their money will touch at least 3 different accounts adding time and steps along the way. These workers’ require more than simple money movement, they demand a financial solution that addresses their specific needs: banking, saving, spending - all in two currencies. Coba allows its users to not only deposit and save their earnings in a US account, but also access critical financial services at home in Mexico - from a local credit card to integrated bill pay. With Coba, remote workers can live across two currencies... efficiently and effortlessly.
Coba's YC application, reconstructed
Y Combinator application
Coba, Summer 2023 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Coba
Dual Currency Accounts For LatAm
We built a platform that lets Mexican knowledge workers employed by US companies earn in USD while managing spending and banking locally in MXN. Our product offers dual-currency accounts with integrated credit cards, bill pay, and savings options so users avoid multiple accounts and transfer fees.
We live in Monterrey, Mexico and Austin, Texas. After YC, the company will be based across these locations.
Our users live and work across the US and Mexico, so we built the company with founders in both Monterrey and Austin to stay close to the market and maintain strong US-Mexico ties.
21 more answers in the full application
Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.
Frequently Asked Questions
Is this the real Coba YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Coba's public data (launch notes, founder backgrounds, product description). It shows how a company like Coba would present itself to YC, not the text they submitted.
What YC batch was Coba in?
Coba was part of the Y Combinator Summer 2023 batch.
Who founded Coba?
Coba was founded by Abraham Kuri Vargas, Eduardo Lopez De Leon, Carlos Alberto Medellin Gonzalez.
What does Coba do?
Dual Currency Accounts For LatAm
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Coba's application, and every other YC batch, is in YC Insights.
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