Elevate Pay
USD accounts for global remote workers and freelancers
Elevate Pay is a fintech company that provides USD accounts to non-US residents, including remote workers, freelancers and founders. It lets users receive, send and hold USD, addressing the difficulty of accessing US payment systems from outside the United States. Banking services are provided through Merchants Commercial Bank, Member FDIC, with pass-through FDIC insurance on eligible deposits up to $250,000 per depositor.
The service connects to platforms such as Upwork, Fiverr, Deel, ProZ.com and Toptal, and supports receiving payments via ACH. It also integrates with Plaid to connect to IBKR, Rocket Money and other financial institutions. Security features include AES 256-bit encryption, SSL/TLS 1.2, two-factor authentication and OTPs for transactions. The mobile app is available on the Apple Store and Google Play, and the platform includes a currency converter and exchange rate tools.
Elevate Pay is aimed at remote workers, freelancers and founders outside the US. It offers both personal and business accounts, with a sign-up process involving KYC verification. The pages do not specify pricing details.
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