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.
Luable is a Y Combinator company in the Summer 2021 batch. Its directory entry describes it as: Latin America's Deposits Marketplace for Banks. The founders listed are Charlie Correa (Founder), David Susa (Founder) (Y Combinator directory entry, August 27, 2021).
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New accelerator entry · 2021-08-27 · the record
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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.
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