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Cleva (YC W24)

Cleva (YC W24)

United States · Financial Services

Financial Services

Cleva is a financial technology company backed by Y Combinator, focusing on providing USD banking solutions to non-US residents, especially in emerging markets like Africa. The platform allows users to open US-based dollar accounts remotely, enabling them to receive, hold, and manage USD funds without residency requirements. Cleva offers several services, including USD-denominated accounts for receiving international payments, virtual debit cards for online transactions, and fee-free currency conversion for initial transfers. The company primarily serves freelancers, remote workers, businesses, and individuals in emerging markets who need cross-border payment solutions. Cleva aims to simplify access to USD banking and mitigate the risks associated with volatile local currencies.

Company Insights
Company Overview

2023

Founded

Financial Services

Industry

United States

Location

1,060,854

Ranking

92 employees

Size

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