Luable is a fintech in Latin America to invest in high yield fixed-term products from Banks.
Business Model:
Revenue: $0
Employees: 11-50
Address: Calle 140
City: Bogota
State: distrito capital de bogotá
Zip: .
Country: CO
Luable is LatAm&s;s Investment platform for fixed-term products. Using Luable people can invest at +7% annual rates from insured banks in Latin America, at zero cost and fully online because they are integrated directly to their partner Banks. They currently serve 4 banks in Colombia to whom they charge commissions on Assets/year. Comparable players in Europe are worth &g;1B and so far they are the only one of their type in Latin America. According to press releases, Luable plans to further penetrate the fixed-term market to later add more sophisticated options like stock trading and crypto.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2021 | Pre Seed Round | 1 | - |
Latin Leap Latin Leap |
8/2021 | Pre Seed Round | 4 | $500k |
Harvard Management Company Lightspeed Venture Partners Nick Caldwell Y Combinator CRV Harvard Management Company Lightspeed Venture Partners Nick Caldwell Y Combinator |
12/2021 | Pre Seed Round | 1 | - |
Latin Leap Latin Leap |
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