Luable

Luable's History

Luable, formerly known as MejorCDT, was launched in 2021. As a fintech company based in Bogotá, Colombia, Luable has quickly made a name for itself in the asset management sub-industry. The company participated in the Y Combinator's S21 batch, which provided it with significant early-stage mentorship and investment opportunities. Since its inception, Luable has processed over USD $30M in deposits for various banks, showcasing its rapid growth and operational efficiency.

Luable's Industry and Services

Luable operates within the fintech industry with a specialized focus on asset management. The company leverages advanced technological solutions to manage and optimize assets, offering clients in Colombia and across Latin America a seamless and efficient way to handle their financial portfolios. By focusing on asset management, Luable aims to provide innovative solutions that simplify and enhance the way individuals and institutions manage their investments.

Luable's Expansion Plans

Luable is currently in the early stages of expanding its operations beyond Colombia. The company has set its sights on entering the Mexican and Caribbean markets, aiming to bring its fintech solutions to a broader audience. This expansion is a strategic move to leverage the growing demand for asset management services in these regions, providing Luable with new opportunities for growth and market penetration.

Luable's Team and Culture

With a team of 40 dedicated employees, Luable prides itself on fostering a collaborative and innovative work environment. Located in Bogotá, Colombia, the company's team includes a diverse group of professionals who are passionate about fintech and asset management. Luable also supports remote and partly remote work structures, allowing it to attract top talent not just locally but from various regions across Latin America. This flexibility is integral to the company's culture and operational success.

Luable's Achievements

Since its launch, Luable has achieved significant milestones, including processing over USD $30M in deposits for multiple banks. This achievement underscores the company's capability and reliability in handling large volumes of financial transactions. Additionally, being part of Y Combinator's S21 batch has provided Luable with a solid foundation of support and resources, contributing to its rapid growth and development in the competitive fintech landscape.