Elevate (formerly Bloom)

Inscrição YC de Elevate (formerly Bloom)

Winter 2022Active

Elevate (formerly Bloom) passou pela Y Combinator no batch Winter 2022 como uma empresa Fintech. Abaixo: o que a empresa faz, quem a fundou e sua inscrição para a YC, reconstruída pergunta por pergunta no formulário real da YC.

Batch YC
Winter 2022
Indústria
FintechPayments
Tamanho da equipe
7
Status
Active
Lançada
2022

Fundadores

  • Khalid Keenan
    Khalid KeenanFounder
  • Youcef Oudjidane
    Youcef OudjidaneFounder

O que Elevate (formerly Bloom) faz

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.

Inscrição YC de Elevate (formerly Bloom), reconstruída

Inscrição Y Combinator

Elevate (formerly Bloom), lote Winter 2022. As verdadeiras perguntas do formulário, respondidas com dados públicos.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Elevate (formerly Bloom)

Describe what your company does in 50 characters or less.

US based USD accounts for non-US residents

What is your company going to make? Please describe your product and what it does or will do.

We built FDIC-insured US dollar deposit accounts that non-US residents can open remotely. Our product integrates with a licensed banking partner to offer ACH, wire transfers inbound and outbound, and a free Mastercard debit card. We target users in emerging markets who get paid in USD but can't easily hold or spend it without high fees or risky workarounds. Our regional payout partners let them send money home at low cost.

Where do you live now, and where would the company be based after YC?

We live and work out of Dubai, UAE, and the company is based there. After YC, we plan to keep the company in Dubai.

Explain your decision regarding location.

Dubai is central to our target markets in emerging regions, and it provides a friendly regulatory environment for fintech. Our team is here, so it makes sense operationally and strategically to build where we understand the local context.

21 respostas a mais na inscrição completa

Founders, Progress, Idea, Equity, Curious, Batch Preference estão na versão completa. Crie uma conta gratuita para abri-la no YC Insights, ao lado de todos os outros batches da YC.

Perguntas Frequentes

Esta é a inscrição real da YC de Elevate (formerly Bloom)?

Não. A Y Combinator mantém as inscrições submetidas em privado. Esta é uma reconstrução: as perguntas reais do formulário da YC, respondidas a partir dos dados públicos de Elevate (formerly Bloom) (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como Elevate (formerly Bloom) se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC Elevate (formerly Bloom) esteve?

Elevate (formerly Bloom) fez parte do batch Winter 2022 da Y Combinator.

Quem fundou o Elevate (formerly Bloom)?

O Elevate (formerly Bloom) foi fundado por Khalid Keenan, Youcef Oudjidane.

O que o Elevate (formerly Bloom) faz?

US based USD accounts for non-US residents

Como eu leio o application completo reconstruído?

Crie uma conta gratuita no Round Funded. A versão completa de 26 respostas do application do Elevate (formerly Bloom), e de todos os outros lotes do YC, está no YC Insights.

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