“Our mission at Elevate is to help freelancers and remote workers get paid quickly and easily, at the lowest cost possible, so they can keep more of their hard-earned income.”
The renewed focus on South Asian markets will allow freelancers to earn more money, which in turn will have an impact on the overall economy.
When customers receive payments into their Elevate accounts, the funds are deposited with Bangor Savings Bank, a 172-year-old bank based in Maine, USA. Bangor Savings Bank acts as a deposit-taking institution, and because they are FDIC-members, customer deposits are insured by the FDIC up to $250,000.