Elevate (formerly Bloom)

Work at Elevate (formerly Bloom)?

Total raised$12.3M
StageSeed
Founded2024
Team size1-10
HQUnited Arab Emirates, United Arab Emirates

About Elevate (formerly Bloom)

The company, launched in January 2024, is a fintech startup developing financial products and integrating with banking partners and payment networks. It is building infrastructure to support aggressive scale-up of users across several markets, prioritizing 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, along with a strong focus on security and fraud detection, underpins its operations. Founders Khalid Keenan, an Imperial College Computing graduate with over 10 years of software engineering experience in banking and financial services focusing on risk and investment management, and Youcef Oudjidane, who studied Mathematics at the University of Nottingham and has helped companies go public in the U.S. and worked in early-stage investments, lead the company. The company became profitable before the end of its first year.

Company at a glance

Location
United Arab Emirates, United Arab Emirates

Location

Culture & values

The company prioritizes correctness, reliability, and performance to ensure customers always have access to and control of their money.

The company emphasizes real-time monitoring of system health and error alerting.

Security and fraud detection are among the company's core priorities.

The company is building infrastructure to support aggressive scale-up of users across multiple markets.

The company pursues development of new and innovative financial products.

Life at Elevate (formerly Bloom)

Frequently asked questions

Companies similar to Elevate (formerly Bloom)

Global Citizens

Global Citizens is a San Francisco-based immigration platform that combines decades of legal expertise with cutting-edge AI technology to help individuals, employers, and law firms navigate U.S. immigration processes. Founded by Owen Zhang (CEO, former Google product and engineering leader), Jomana Abdallah (Head of Immigration with 8+ years of immigration law experience), and Demetrius Johnson (CTO with product design and engineering expertise), the company brings together deep domain knowledge and technical innovation. With a distributed team spanning San Francisco, Bengaluru, Sao Paulo, and Guadalajara, Global Citizens serves a diverse clientele including individual immigrants such as scientists, artists, and entrepreneurs, as well as companies hiring international talent and immigration law firms. The team's track record speaks to their capability, with a 99.5% approval rate and over 1,000 approved visas across their collective careers.

FinTech1-10
Aleph

Aleph is AI-native and designed to be the always-on decision layer for modern businesses, offering real-time data collaboration for finance teams and automating reporting, variance analysis, and forecasting. It operates as a global digital advertising powerhouse serving 150+ countries, connecting over 26,000 advertisers to a 3 billion consumer audience and partnering with major platforms such as TikTok, X, Microsoft, Amazon, Pinterest, Reddit, Spotify and Google. Its mission is to make the digital world accessible to all, while connecting global brands with local audiences in emerging markets and empowering businesses and individuals through its Digital Ad Expert education platform. The company also facilitates cross-border payments and credit underwriting through Local Payments by Aleph, supported by a team of over 1,500 digital experts in 75+ offices and backing from investors including CVC Partners, Mercado Libre, Sony, X (formerly Twitter), and Snap. Aleph serves a spectrum of clients from small startups to multinational corporations, boasting a trial-to-customer conversion rate exceeding 90%.

FinTech11-50
Duna

Duna is an AI-native business identity platform focused on KYB, KYC, AML, and lifecycle compliance, enabling enterprises to manage risk and regulatory adherence across the customer journey. By delivering automated identity verification, ongoing monitoring, and risk scoring, Duna helps organizations streamline compliance while reducing friction for legitimate customers. Global customers like Plaid, Moss, and Bol rely on Duna to maintain robust, scalable identity programs.

FinTech51-200