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Elevate Pay: Funding, Investors & Team (Sep 2026)

Elevate Pay is a fintech company that provides a range of financial services and products, including local and dollar cards and a feature for receiving free remittances.

www.elevatepay.co LinkedIn Newark, United States 11-50 employees
Total raised
$5.0M
Rounds
1
Latest
Seed
Jun 2024

Elevate Pay has raised $5.0M across 1 funding round on record, the most recent a Seed of $5.0M announced in Jun 2024.

That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Elevate Pay Company Profile and Key Stats

Total funding raised
$5.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$5.0M in Jun 2024
Employees
11-50
reported band
Headquarters
Newark, United States

Latest funding round on record: Jun 2024.

Elevate Pay Funding Rounds

Date
Round
Amount
Seed
$5.0M

Elevate Pay Founders and Leadership Team

Name
Role
Contact
Khalid Keenan
Founder

No contact details are on record for this team yet.

Elevate Pay Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
29,722
$7.5M
16,485
$3.1M

Elevate Pay's latest round of $5.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Elevate Pay Funding FAQs

What does Elevate Pay do?

Elevate Pay is a fintech company that provides a range of financial services and products, including local and dollar cards and a feature for receiving free remittances.

How much funding has Elevate Pay raised?

Elevate Pay has raised $5.0M across 1 round on record. The most recent is a Seed of $5.0M announced in Jun 2024.

When did Elevate Pay last raise funding?

Elevate Pay's most recent funding round on record is a Seed of $5.0M, announced in Jun 2024.

Who founded Elevate Pay?

FundedIQ lists Khalid Keenan (Founder) at Elevate Pay.

Where is Elevate Pay headquartered?

Elevate Pay is based in Newark, Delaware, United States.

How many employees does Elevate Pay have?

Elevate Pay is in the 11-50 employee band.

How does Elevate Pay's funding compare to other Apps startups?

Elevate Pay's latest round of $5.0M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Elevate Pay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Elevate Pay is left off this page rather than filled in.

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