LinkedIn · Jul 2026
Cleva announced its U.S. launch and said users can send money to naira accounts in Nigeria with zero fees, better rates, and minute-level settlement.
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Cleva is a fintech platform for Africans and other non-U.S. residents that provides USD accounts to receive, hold, save, and spend dollars, with support for payments from clients and platforms like Upwork, Deel, and Amazon.
Primary product
USD banking platform / USD account for receiving, holding, saving, and spending USD
Founded
2023
Headquarters
548 Market St, San Francisco, CA 94104, United States
Team size
100-150
Work style
Flexible
Industry
Financial Services
Sub-industry
Fintech / digital banking / cross-border payments
Offices
0 jobs at Cleva
Check back later for new openings
Business model
Stage
Pre-seed
Total raised
$1.5M
Latest round
Pre-seed · Jan 2024
Latest amount
$1.5M
Jan 2024 · 1984 Ventures
Leadership
Co-founder & CEO
Co-founder & CTO
Damilola Ehinmitan
Client Experience Partner
Oluwatosin Fasoro-Joseph
Head of Operations
Rose Nkechi
Head of Compliance
Omidire Ifeoluwa
Campus Ambassador, Campus Lead RUN
Investors
Public hiring language emphasizes customer-centricity, a bias for action, collaboration, integrity, direct communication, grit, and proactive execution.
Work style
Flexible
Compensation
Publicly advertised compensation signal is a competitive salary; no salary bands or detailed comp structure were found.
Benefits
Pricing
Freemium/transaction-fee model with fees on some deposits and FX-related transactions; some flows are free, including Upwork deposits and local transfers.
Differentiators
Technology
Customers
Competitors
LinkedIn · Jul 2026
Cleva announced its U.S. launch and said users can send money to naira accounts in Nigeria with zero fees, better rates, and minute-level settlement.
Cleva Blog · Mar 2026
Cleva launched an influencer program and said it uses Instagram, TikTok, LinkedIn, YouTube, X, and Facebook as primary platforms.
Cleva Blog · Aug 2025
Cleva said it was founded on August 14, 2023, by Philip Adama Abel and Tolu Alabi, had served over 500,000 customers in Nigeria, obtained an IMTO license, and planned expansion into Ghana, Uganda, and South Africa.
Cleva Blog · Oct 2024
Cleva said it was named to CB Insights' 2024 Fintech 100 list in the Banking category and noted participation in Mastercard's Start Path In Solidarity program.
TechCrunch · Jan 2024
TechCrunch reported Cleva's $1.5M pre-seed round led by 1984 Ventures with participation from Y Combinator, The Raba Partnership, Byld Ventures, FirstCheck Africa, and angels.