# Koban

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/koban

- Industry: Financial Services
- Headquarters: Santa Cruz, Bolivia
- Website: www.koban.com.bo
- Total disclosed funding: $2.3M
- Latest round: Seed (Mar 25, 2022)
- Investors on record: 6

## About

Based in Santa Cruz, Bolivia, and founded in 2021 by co-founders Julio Moreno, Gustavo Anez, and Vijay Pratap, Koban SA operates as a fintech company providing a platform for users to manage their finances through budgeting tools and credit solutions. In May 2022, Koban SA raised USD 1.9 million in seed funding from BuenTrip Ventures, Newtopia VC, Precursor Ventures, and Unpopular Ventures, with participation from Class 5. 

Koban SA provides a mastercard for customers to make payments at stores and shops. The company offers virtual cards for online and digital transactions such as online purchases and transferring amounts. In addition, the firm provides a mobile application platform for clients to control and manage their finances from smartphones, which also allows them to send money from their phones and request funds from other bank accounts through payment links, and many other services. As of 2023, the company provides Android and IOS mobile applications for users. 

The company plans to use the funding from May 2022 to accelerate key hires, increase tech stack and product development, and expedite its marketing and launch strategy in its first market.

## Funding rounds

- Seed, Mar 25, 2022, $2.3M — FJ Labs, Precursor Ventures, Class 5, BuenTrip Ventures, Unpopular Ventures, Newtopia VC

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed
- Class 5 (https://capitalatlas.ai/funds/class-5) — Seed
- BuenTrip Ventures (https://capitalatlas.ai/funds/buentrip-ventures) — Seed
- Unpopular Ventures (https://capitalatlas.ai/funds/unpopular-ventures) — Seed
- Newtopia VC (https://capitalatlas.ai/funds/newtopia-vc) — Seed
