Cleva
Global neobank for emerging markets
Founders
Not read from YC yet; the weekly run fills these in.
Same space
Competitors
Closest in what they build, same category.
KarsaW25Stablecoin neobank for emerging marketsShared: fintech, emerging marketsActive
PolarW24The smarter way to manage USD earnings globallyShared: fintech, crypto / web3, neobankActive
WazaW23B2B payments platform for emerging markets.Shared: fintech, emerging marketsActive
PanaS22A Global Bank on ChainShared: fintech, neobankActive
ValiuS19USD mobile banking for LatAm's businesses and peopleShared: fintech, crypto / web3Inactive
Adjacent
Overlapping tags, a different niche.
BlindPayW25Stablecoin API for global paymentsShared: fintech, crypto / web3Active
IRBCX25AI-native financial institution for global businesses + agents.Shared: fintech, neobankActive
MunifyS25The Cross-Border Neobank for the Middle EastShared: fintech, neobankActive
RuvoS25The Global Dollar App for BrazilShared: fintech, crypto / web3Active
GreyW22Banking services for remote workers and digital nomadsShared: fintech, neobankActive
Also from W24
Batchmates in Winter 2024.
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ProSightsW24ProSights is a data / AI transformation partner to PE-backed portcos.Active
About Cleva
Cleva breaks down financial borders across the globe by enabling remote workers, individuals, and businesses to hold stablecoin-backed dollars. Specifically, we enable our customers: 1. Receive USD, GBP, EUR payments: Individuals and businesses can receive USD, GBP, and EUR payments into their virtual account. 2. Receive and send stablecoins: They can also receive USDT or USDC, and make global payments via USDT and USDC. 3. Hold funds in USD: They can choose to hold their funds in USD instead of converting to local currency. In high inflation countries, this is extremely desirable as it helps our customers hedge against inflation until they're ready to spend in local currency. 4. Stablecoin-backed cards: We issue cards that are stablecoin-backed and accepted by 150M+ merchants across the globe. Users can fund in stablecoins or fiat, spend anywhere VISA is accepted, and earn cashback in the form of Cleva Points. 5. Savings: We recently launched Cleva Pots, allowing users to save towards their goals and earn yield on their savings. It's still very early days at Cleva. We've been hyper-focused on our home country Nigeria but we're now expanding to more countries across the globe.
San Francisco, CA, USA; Remote
Cleva: questions
Which YC batch was Cleva in?
Cleva was in Y Combinator's Winter 2024 batch (W24).
Is Cleva still active?
Y Combinator lists Cleva as active.
Where is Cleva based?
Cleva lists San Francisco, CA, USA; Remote as its location on YC's directory.
Not affiliated with Y Combinator. From YC's public directory. Logos via logo.dev; trademarks belong to their owners.