Elevate (formerly Bloom)

US based USD accounts for non-US residents

Website ↗Source: Y Combinator ↗

About

We provide US based USD deposit accounts that sit with a licensed banking partner. Elevate's FDIC-insured USD accounts offer ACH, wire inbound and outbound payments, and a free Mastercard debit card. Our regional payout partners enable our users to send their money back home at very low cost. We're targetting non-US residents in emerging markets who struggle to get paid in USD.

Payments Banking & lending

Topics

FintechPaymentsConsumerNeobank

Location: Dubai, United Arab Emirates
Team size: 7 employees
YC batch: Winter 2022
Status: Active
Stage: Early stage

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Questions and answers

What does Elevate (formerly Bloom) do?

US based USD accounts for non-US residents

Where is Elevate (formerly Bloom) based?

Dubai, United Arab Emirates

How many people work at Elevate (formerly Bloom)?

7 employees, according to the company profile.

Has Elevate (formerly Bloom) raised money?

There are no funding rounds for Elevate (formerly Bloom) in our data.

What are the alternatives to Elevate (formerly Bloom)?

Similar startups: Ziina, Kapital Bank, and Aspire.