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Jun 2024The company pivoted/rebranded from Bloom to Elevate after Sudan’s civil war and political instability made the original market untenable; it then broadened beyond Sudan to other emerging markets.
SourceUS based USD accounts for non-US residents
Company research
Public company, workplace, funding, and market signals
Overview
Elevate (formerly Bloom) is a YC W22 fintech that gives non-US residents—especially freelancers, remote workers, and other earners in emerging markets—U.S.-based USD accounts to receive, hold, and send money with compliant banking rails, low FX/transfer fees, and card access.
Primary product
Global USD accounts / U.S.-based banking for non-US freelancers and remote workers
Founded
2021
Headquarters
Dover, Delaware, United States
Team size
11-50
Work style
Flexible
Industry
Financial Services
Sub-industry
Fintech / cross-border payments / digital banking
Offices
Open Positions
0 jobs at Elevate (formerly Bloom)
No open positions
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