YCW22· OtherElevate (formerly Bloom)
US based USD accounts for non-US residents
Founders
Not read from YC yet; the weekly run fills these in.
Same space
Competitors
Closest in what they build, same category.
CarddaW22All-in-one spend management for businesses in LatamShared: fintech, payments, neobankActive
WhizW22Transforming Finances, Maximizing Your Money Potential.Shared: fintech, payments, neobankInactive
Kapital BankW22Empowering businesses to grow.Shared: fintech, payments, neobankActive
WazaW23B2B payments platform for emerging markets.Shared: fintech, paymentsActive
TremendousW11How businesses send money to people at scale. Fast, free, global.Shared: fintech, paymentsActive
Adjacent
Overlapping tags, a different niche.
MonoW22Embedded finance infrastructure for LatAm enterprises.Shared: fintech, payments, neobankActive
Spring in AfricaW19Investing in innovationShared: fintech, payments, neobankActive
AspireW18All-in-one Finance OS for businessesShared: fintech, payments, neobankActive
Z1W21Digital bank for teenagers in LatAm connected to prepaid cardShared: fintech, payments, neobankActive
AlmaS22Gamified mobile banking app where people can win $1M every WednesdayShared: fintech, payments, neobankInactive
Also from W22
Batchmates in Winter 2022.
ArcW22Banking & Funding for StartupsAcquired
GaussW22AI agent that helps consumers lower the cost of debt automaticallyActive
GlepW22AI-Native Spend platform built for Real Estate businessesActive
MomentoW22Building a full-stack auto insurer for the underserved in LatAmActive
RebillW22Financial infrastructure for the AmericasActive
SpadeW22Spade is the data and AI platform for modern finance.Active
About Elevate (formerly Bloom)
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.
Dubai, Dubai, United Arab Emirates
Elevate (formerly Bloom): questions
Which YC batch was Elevate (formerly Bloom) in?
Elevate (formerly Bloom) was in Y Combinator's Winter 2022 batch (W22).
Is Elevate (formerly Bloom) still active?
Y Combinator lists Elevate (formerly Bloom) as active.
Where is Elevate (formerly Bloom) based?
Elevate (formerly Bloom) lists Dubai, Dubai, United Arab Emirates 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.