Elevate (formerly Bloom)

Payments Financial Technology and Services Apps Banking Financial Services FinTech

14 open1 filled

Dubai - United Arab EmiratesFounded 20217+ employeesSeries A raisedSeries APrivate

Last round: seed · $5M · Jun 2024(5 rounds total)

“US based USD accounts for non-US residents ”

Backed by(11 investors)

Y CombinatorNegma GroupGlobal Founders CapitalGoodwater CapitalVentureSouqKieran GibbsArash FerdowsiNicolas KoppBlaise MatuidiVisa

Elevate Pay is a financial technology company that offers financial services and products. They also provide local and dollar cards, as well as a feature that allows them to receive free remittances.

Careers ↗

YC W22

About the Company

We launched in January 2024 and became profitable before the end of the year.

Tech Stack

MVP tech stack:

● Mobile Application: React Native, TypeScript, MobX, Appium.

● Backend: Java, Spring Boot, AWS, Postgres.

Exciting problems we are tackling:

● Development of new and innovative financial products.

● Integrations with banking partners, local and global payment networks.

● Infrastructure build-out to support aggressive scale-up of users across several markets.

● Prioritising correctness, reliability, and performance to ensure customers always have access to and control of their money.

● Real-time monitoring of system health and error alerting.

● Security and fraud detection.

Founders

Khalid Keenan

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

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.