Cleva

YC W24 · Active · Global neobank for emerging markets

Competitors

Companies closest to Cleva
Company	Category	Status	Program
WazaShared: emerging market, global payment, usdActiveOther	Other	Active	YCW23
KarsaShared: emerging market, neobank, stablecoinActiveOther	Other	Active	YCW25
PolarShared: receive usd, neobank, crypto / web3ActiveOther	Other	Active	YCW24
OWNYShared: emerging market, global payment, crypto / web3ActiveAI	AI	Active	YCS18
Mosaix.aiShared: emerging market, localInactiveAI	AI	Inactive	YCS16

Adjacent

Companies next to Cleva
Company	Category	Status	Program
Elevate (formerly Bloom)Shared: emerging market, neobank, usdActiveOther	Other	Active	YCW22
BlindPayShared: global payment, crypto / web3, receiveActiveDevtools	Devtools	Active	YCW25
RuvoShared: receive usd, crypto / web3, globalActiveOther	Other	Active	YCS25
GreyShared: local currency, neobank, receiveActiveOther	Other	Active	YCW22
IRBCShared: global payment, neobank, localActiveAI	AI	Active	YCX25

Also from W24

All of W24

Company	Category	Status
ClarumAI agents for private market diligence, monitoring, and reportingActiveAI	AI	Active
GreenboardModern OS for the financial back office.ActiveAI	AI	Active
MidenCard issuer processor and banking stack for businesses in Sub-…ActiveDevtools	Devtools	Active
MonumintConversational AI purpose-built for financial servicesActiveAI	AI	Active
OffDealAI-native investment bank for small businessesActiveAI	AI	Active
ProSightsProSights is a data / AI transformation partner to PE-backed portcos.ActiveAI, Data	AI, Data	Active

About Cleva

Cleva breaks down financial borders across the globe by enabling remote workers, individuals, and businesses to hold stablecoin-backed dollars. Specifically, we enable our customers: 1. Receive USD, GBP, EUR payments: Individuals and businesses can receive USD, GBP, and EUR payments into their virtual account. 2. Receive and send stablecoins: They can also receive USDT or USDC, and make global payments via USDT and USDC. 3. Hold funds in USD: They can choose to hold their funds in USD instead of converting to local currency. In high inflation countries, this is extremely desirable as it helps our customers hedge against inflation until they're ready to spend in local currency. 4. Stablecoin-backed cards: We issue cards that are stablecoin-backed and accepted by 150M+ merchants across the globe. Users can fund in stablecoins or fiat, spend anywhere VISA is accepted, and earn cashback in the form of Cleva Points. 5. Savings: We recently launched Cleva Pots, allowing users to save towards their goals and earn yield on their savings. It's still very early days at Cleva. We've been hyper-focused on our home country Nigeria but we're now expanding to more countries across the globe.

YC batch: W24 · Winter 2024
Status, per YC: Active
Category: Other
Team size: 30
Location: San Francisco, CA, USA; Remote
Checked: 1h ago

YC tags: Fintech, Crypto / Web3, Remote Work, Emerging Markets, Neobank

Cleva in W24: 248 companies, 83% AI

Cleva: questions

Which YC batch was Cleva in?

Cleva was in Y Combinator's Winter 2024 batch (W24).

Is Cleva still active?

Y Combinator lists Cleva as active.

Where is Cleva based?

Cleva lists San Francisco, CA, USA; Remote as its location on YC's directory.

Sources: each program's public company list, read twice a week. Not affiliated with Y Combinator or any other program. Logos via logo.dev; trademarks belong to their owners.