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Elevate Pay

Elevate Pay

Private
San Francisco, CaliforniaFinTechhttps://www.elevatepay.co/

Last Round

Early Funding

Jun 6, 2024

Total Funding Raised

$12M

Company Overview

Elevate Pay is a fintech company that provides US-based USD bank accounts to freelancers and remote workers in emerging markets.

Sector

FinTech

Verticals

Digital Banking, Digital Payments, Foreign Exchange, Digital Wallets

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Usage-Based SaaS

AI Layer

Non-AI

Keywords

virtual bank accountcross-border paymentsinternational money transferneobankUSD bank accountACH transferwire transferfintechcurrency conversionglobal payrolldigital nomad bankingremote work paymentsknow your customerKYCmoney transmitter

Historical Pricing

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Elevate Pay Comparables

Compare Elevate Pay with similar companies based on industry and business-model similarity.

Elevate Pay comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Cleva
87%
Grey
86%
Papara
84%

Elevate Pay Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingJun 6, 2024
SeedJul 20, 2022
AcceleratorMar 23, 2022

Key People

Founding team and executive leadership

Khalid Keenan

Co-Founder & CEO

Founding Team

Faris Keenan

Chief Technology Officer

Executive Team

Elevate Pay Investors

Notable investors and investment history

Elevate Pay investors
InvestorRounds
Goodwater CapitalSeed
Global Founders CapitalSeed
Negma GroupEarly Funding
Y CombinatorSeed, Accelerator
VentureSouqSeed

Elevate Pay Filings

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Elevate Pay filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Elevate Pay's valuation, stock price, and market status.

Is Elevate Pay a public or private company?

Elevate Pay is a private company.

What is the current stock price of Elevate Pay?

Elevate Pay is a private company with no public stock price. No recent secondary market data is available.

How much is Elevate Pay worth (valuation)?

Valuation information for Elevate Pay is not publicly available.

Can I buy Elevate Pay stock?

Elevate Pay shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Elevate Pay's last funding round?

Elevate Pay's most recent funding round was VC Round on June 6, 2024.

Who are the main investors in Elevate Pay?

Key investors in Elevate Pay include Negma Group.

Will Elevate Pay IPO soon?

No public IPO plans have been announced for Elevate Pay.

How can I track Elevate Pay secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Elevate Pay's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range16
Year Founded2021
Last FundingJun 6, 2024

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