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Elevate (formerly Bloom)

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US based USD accounts for non-US residents

Winter 2022Founded 20217 peopleDubai, Dubai, United Arab Emirates
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โ†ป Pivot / rename signal

This company has previously operated under โ€œEast Africa Financial Technologies Inc (Brand name: Bloom).โ€, โ€œEAFT (Brand name: Bloom).โ€, โ€œEAFT (Bloom)โ€, โ€œBloomโ€, โ€œbloomโ€, โ€œBloomโ€. A rename frequently marks a pivot in positioning or product โ€” useful raw material for variant ideas.

About

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.

Founders ยท 2

Khalid Keenan
Khalid KeenanFounder
๐ŸŽ“ Imperial College

Imperial College graduate in Computing. Over 10 years experience as a software engineer in banking and financial services with a focus on risk and investment management.

Youcef Oudjidane
Youcef OudjidaneFounder
๐ŸŽ“ University of Nottingham

I began my career helping companies go public in the U.S. before transitioning into early-stage investments, starting with the Dubai Government. I studied Mathematics at the University of Nottingham.

FintechPaymentsFintechPaymentsConsumerNeobank

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