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Elevate (formerly Bloom) (YC W22) — US based USD accounts for non-US residents

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.

Elevate (formerly Bloom) is a Y Combinator company in the Winter 2022 batch. Its directory entry describes it as: US based USD accounts for non-US residents. The founders listed are Khalid Keenan (Founder), Youcef Oudjidane (Founder) (Y Combinator directory entry, March 8, 2022).

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Elevate (formerly Bloom)

New accelerator entry · 2022-03-08 · the record

Winter 2022
batch
7
people
Early
stage
United Arab Emirates
region
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What the record says

BatchWinter 2022
Announced2022-03-08
StageEarly
StatusActive
Team size7
IndustryFintech
Sub-industryFintech -> Payments
SectorsFintech, Payments, Consumer, Neobank
RegionsUnited Arab Emirates, Middle East and North Africa, Remote, Partly Remote
BasedDubai, Dubai, United Arab Emirates
HiringNo
Sitehttps://www.elevatepay.co
Previously known asEast Africa Financial Technologies Inc (Brand name: Bloom)., EAFT (Brand name: Bloom)., EAFT (Bloom), Bloom, bloom, Bloom

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In their words

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.

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Elevate (formerly Bloom): Accepted into Y Combinator Winter 2022
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Permanent URL: https://mentionfox.com/funding/yc-elevate
Last updated 2026-10-20
Primary record: Y Combinator directory entry
Elevate (formerly Bloom) (YC W22) — US based USD accounts for non-US residents. MentionFox, 2026-10-20. https://mentionfox.com/funding/yc-elevate