A new financial instrument offered by Colombian digital bank Lulo, known as a CDT (Certificado de Depósito a Término – fixed-term deposit), has successfully garnered over $129 million in deposits during its initial launch phase. The offering attracted more than 6,000 customers eager to utilize the new financial product. This strong uptake indicates significant interest in Lulo’s expanding suite of financial services. The CDT provides a fixed-term deposit option for customers seeking a secure investment vehicle. The rapid adoption rate highlights the growing popularity of digital banking solutions in Colombia. Lulo’s success demonstrates a potential shift in consumer preferences towards online financial platforms. This initial success positions the bank for further growth and expansion of its product offerings.