# Luable - MejorCDT (YC S21)

> Luable is a Colombian fintech running MejorCDT, a marketplace that lets everyday savers compare and open fixed-term deposits (CDTs) from many banks online, commission-free. For banks, it is a cheaper, faster funding channel than opening branches or hiring salespeople. Founded in 2021 and backed by Y Combinator (S21), it has processed over USD $30M in deposits and is expanding from Colombia into Mexico and the Caribbean.

- **Founded:** 2021
- **Headquarters:** Bogota, Colombia
- **Founders:** Carlos "Charlie" Correa Vega (CEO & Co-Founder), David Susa (CTO & Co-Founder)
- **Team size:** ~40 (YC listing); ~71 (some data providers)
- **Products:** MejorCDT CDT Simulator, Digital Account Opening, CDT Flexible, Mobile App (iOS & Android), Luable Deposits Marketplace (B2B)
- **Notable:** Backed by Y Combinator (Summer 2021 batch), Processed over USD $30M in deposits for partner banks, Surpassed USD $1M ARR (August 2024)

## Products & services

- **MejorCDT CDT Simulator** — A comparison tool that consults real-time fixed-term deposit rates across many partner banks so users can find the best return.
- **Digital Account Opening** — 100% online CDT setup - registration, signing, and payment directly to the chosen bank, with no branch visit.
- **CDT Flexible** — An early-access feature that lets users withdraw part of their deposit before maturity, adding liquidity to an otherwise locked product.
- **Mobile App (iOS & Android)** — App to simulate rates, open deposits, and manage the portfolio from a phone.
- **Luable Deposits Marketplace (B2B)** — The bank-facing platform that gives financial institutions a fully digital funding channel to reach retail depositors nationwide.

## Achievements

- Backed by Y Combinator (Summer 2021 batch)
- Processed over USD $30M in deposits for partner banks
- Surpassed USD $1M ARR (August 2024)
- Generated tens of billions of COP in returns for users (reported COP 55B+)
- Named among Colombia's startups to watch for 2026
- Featured in El Colombiano, Portafolio, Forbes, and La Republica

## Latest updates

- **2024-08** — Surpassed USD $1M in annual recurring revenue with 300,000+ registered users and COP 55B+ in total returns generated.
- **2025-04** — Latest reported funding activity (venture, round not specified).
- **2025** — Planning expansion into Mexico, with the Caribbean and Brazil on the roadmap.

## Links

- Website: https://mejorcdt.com
- LinkedIn: https://www.linkedin.com/company/luable
- Instagram: https://www.instagram.com/mejorcdt/
- Facebook: https://facebook.com/MejorCDT/

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Profile page: https://yespress.io/luable-mejorcdt-yc-s21
Published by YesPress — https://yespress.io
Last updated: 2026-07-30