Luable

Luable YC Application

Summer 2021Active

Luable went through Y Combinator in the Summer 2021 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 2021
Industry
FintechAsset Management
Team size
40
Status
Active
Launched
2021

Founders

  • Charlie Correa
    Charlie CorreaFounder
  • David Susa
    David SusaFounder

What Luable does

Luable is an Bank Deposits Marketplace in Latin America where Banks can get faster and cheaper funding from Retail users compared to opening traditional branch offices or hiring more Sales Representatives. Luable's Marketplace features all banks in one place so retail users can choose for their best needs, and enables upcoming banks to provide a full digital experience with no fixed costs. Since Launching in 2021, Luable has processed over USD $30M in deposits for many banks and its currently expanding its operations from Colombia to Mexico and the Caribbean.

Luable's YC application, reconstructed

Y Combinator application

Luable, Summer 2021 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Luable

Describe what your company does in 50 characters or less.

Latin America's Deposits Marketplace for Banks

What is your company going to make? Please describe your product and what it does or will do.

We built a marketplace where retail users can compare and invest in bank deposits from many banks in one place. Banks use our platform to get faster, cheaper funding without opening branches or hiring more sales reps. We handle onboarding, comparison, and digital experience, making deposits fully remote and more transparent.

Where do you live now, and where would the company be based after YC?

We live in Bogotá, Colombia, and plan to keep the company based here after YC.

Explain your decision regarding location.

We're based in Bogotá because the financial market here is ready for digitization and we have the local knowledge and network to grow. We want to expand regionally but keep our core operations where the problem is clear and hands-on.

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 Luable YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Luable's public data (launch notes, founder backgrounds, product description). It shows how a company like Luable would present itself to YC, not the text they submitted.

What YC batch was Luable in?

Luable was part of the Y Combinator Summer 2021 batch.

Who founded Luable?

Luable was founded by Charlie Correa, David Susa.

What does Luable do?

Latin America's Deposits Marketplace for Banks

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Luable's application, and every other YC batch, is in YC Insights.

More YC startups like Luable