Luable - MejorCDT

Luable - MejorCDT is a fintech company based in Bogotá, Colombia, that operates a deposits marketplace for banks in Latin America. Founded in 2021 and part of Y Combinator's Summer 2021 batch, Luable provides a platform where banks can access faster and more affordable funding directly from retail users. This model allows users to compare and choose deposit products that suit their needs while helping banks reduce costs and streamline funding processes. The platform features a fully digital experience for opening and managing deposits, eliminating the need for physical paperwork. Luable's service, MejorCDT, is particularly recognized for offering free comparisons and facilitating the opening and withdrawal of term deposits, known as Certificados de Depósito a Término (CDTs). With over USD $30 million in deposits processed since its launch, Luable is expanding its operations into Mexico and the Caribbean, aiming to become a leading deposits marketplace in the region.