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United States
2021 (5 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Elevate (YC W22)
Company Information
Get to know Elevate (YC W22)
A Y Combinator (W22 batch) startup, Elevate's mission is to provide non-US residents with access to the US banking system. The company offers remote workers, freelancers, and other international professionals FDIC-insured US bank accounts, enabling them to receive payments in USD and save in a stable currency, thus protecting their earnings from local currency devaluation. Elevate is a fintech platform and provides its banking services in partnership with Patriot Bank, N.A.
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