Elevate Pay Analysis: $5M Raised
What is Elevate Pay?
Elevate Pay is a fintech company offering global USD accounts for freelancers and remote workers to manage payments with low fees and transparent pricing.
Employees
7
Founded
2021
Company Stage
Seed
YC Batch
W22
Product Features & Capabilities
- Global USD accounts, real-time currency converter, receive payments via ACH and Wire, biometric security features (Face ID, Touch ID), two-factor authentication (2FA), instant notifications for transactions, simple sign-up process, KYC verification, low fees, competitive exchange rates.
How much Elevate Pay raised
1 - $5 million
June 6, 2024Lead Investor: Global Founders Capital, Negma Group, and others
Who are the founders of Elevate Pay
KK
Khalid Keenan
Founder
YO
Youcef Oudjidane
Founder
Investors
- Arash Ferdowsi (Dropbox)
- Kieran Gibbs
- Launch Africa Ventures
- Y Combinator
- VentureSouq
- Negma Group
- Goodwater Capital
Company Pricing
- Monthly Account Maintenance: Free
- Registration Fee: Free
- Inbound ACH: Free
- Inbound Wire (Domestic): $30 (Effective on May 18, 2024)
- Inbound Wire (International): $30 (Effective on May 18, 2024)
- Outbound ACH: $1 (1-3 business days)
- Outbound Same Day ACH: $2 (0-1 business days)
- Outboun
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