About Lulo bank
Lulo bank is a Financial Services company based in Bogota (Colombia) founded in 2019 by Benjamin Gilinski. Lulo bank has raised $200 million across 1 funding round from investors including IHC. Lulo bank was last valued at $400 million in October 2022. Its chief executive, as recorded, is Santiago Covelli. Its website lulobank.com draws about 543 thousand monthly visits. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships.
Company details
Internet-first digital bank offering banking services. It provides its users with savings accounts, no-cost transfers and withdrawals, debit card with cashback options, savings yield, instant credit with flexible installment options. The app is available at Google playstore and iOS app store.
- Headquarters Bogota, Colombia
- Founders Benjamin Gilinski
- Stage Minicorn
- SectorsFinancial Services
- Website category Finance
- Email••••••••
- Website lulobank.com
- Social LinkedIn X Facebook
- Total Equity Funding$200M (USD)
in 1 rounds
- Latest Funding Round$200M (USD), Series D
Oct 2022
- Investors
Funding Insights of Lulo bank
Lulo bank has successfully raised a total of $200M through 1 strategic funding round. The most recent funding activity was a Series D round of $200 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $200M
- Total Rounds 1
- Last Round Series D — $200M
- First Round $200M
(Oct 2022)
- Investors Count 1
All 1 funding rounds of Lulo bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $200M | Series D | $400M | IHC | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2022 | $400M | •••••••• |
Last known valuation $400M (Oct 2022). 1 investors in total: 1 institutional.
Investors in Lulo bank
Lulo bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IHC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IHC is recognized as a leading global investment company. | 1998 | ihcuae.com | Abu Dhabi, United Arab Emirates |
Investor details for Lulo bank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lulo bank
15 people are tracked at Lulo bank (5 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Benjamin Gilinski | Founder | Leadership |
Santiago Covelli | CEO | Leadership |
Iván Pérez Carrá | VP De Riesgos - Chief Risk Officer | Leadership |
José Madera | Chief Marketing And Growth Officer | Leadership |
Gabriel Contreras Camacho | Legal Partner | Leadership |
Juan Carlos H. | Analista Auditor BI & Procesos | Team |
Manuela Paris Figueroa | Directora De Compras Y Administrativa | Team |
Brenda Barrera | Líder De Nóminas | Team |
Julian Vergara Alban | HR Manager / Gerente De Talento Humano | Team |
Laura Martínez P | Product Designer | Team |
Carolina Albornoz | Directora Servicio Al Cliente | Team |
Andrés Felipe González Moreno | Business Intelligence | Team |
Lina Marcela B. | Talent Acquisition Coordinator | Team |
Daniela Jiménez Guzmán | Growth Business Intelligence | Team |
Jorge Alejandro Menjura Ramirez | Especialista Senior De Compliance | Team |
Complete people profiles for Lulo bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lulo bank
3 dated milestones of Lulo bank across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Lulo bank is founded.
- Funding First funding round of $200.0M.
- Milestone Reaches Minicorn status.
Web traffic of Lulo bank
The website of Lulo bank (lulobank.com) receives about 543K visits a month and ranks #69,058 among all websites worldwide, #4,360 in Finance.
- Monthly visits543K
▼ 16.4% vs previous month
- Unique visitors183.1K
per month
- Global rank#69,058
among all websites
- Category rank#4,360
Finance · Finance
- Bounce rate25%
- Pages per visit4.0
- Average visit1 min 41 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with Lulo bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
pibank.co | pibank.co | 100% | #95,557 | – | |
| nu.com.co | 87% | 5.6M | #19,138 | View details | |
grupovanti.com | grupovanti.com | 82% | #28,424 | – | |
psepagos.co | psepagos.co | 81% | #26,863 | – | |
| davivienda.com | 81% | 9.5M | #3,374 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lulo bank
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- 40 similar websites
- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
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Related news about Lulo Bank
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Frequently Asked Questions about Lulo bank
Lulo bank was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Lulo bank is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
Santiago Covelli is the CEO of Lulo bank, as recorded in our data.
Lulo bank is a funded company, having raised a total of $200M across 1 funding round to date. The company's 1st funding round was a Series D of $200M, raised on Oct 2022.
Internet-first digital bank offering banking services. It provides its users with savings accounts, no-cost transfers and withdrawals, debit card with cashback options, savings yield, instant credit with flexible installment options. The app is available at Google playstore and iOS app store.
Lulo bank has 1 investor. Key investors include IHC.
The valuation of Lulo bank is $400M as of Oct 2022.
The website of Lulo bank receives about 543 thousand visits a month and ranks #69,058 among all websites worldwide.