As the MENA region’s freelance and remote working community continues to expand, Elevate is set to provide a robust financial solution to address the common challenges faced by these professionals. Funds deposited in Elevate accounts are held with Bangor Savings Bank, a 172-year-old institution in Maine, USA. “The rise of remote work and freelancing is a game-changer for emerging markets in the Middle East and Africa,” said Khalid Keenan, CEO of Elevate. Elevate addresses this by providing a reliable means to receive and hold USD. Elevate aims to continuously drive down costs and enhance the financial products available to its users.

Source: The North Africa Journal June 11, 2024 12:16 UTC