Elevate (formerly Bloom) (Founding)
Funding Details
Awarder
YCombinator
Date Award
March 8, 2022
Vertical
Fintech,Payments
Company Info
Founding Year
2022
Market
Fintech
Coinvestors
YCombinator
Company Description

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.