Eleva is a fintech platform that automates the payment of recurring bills, such as rent and tuition, using credit cards and bank transfers. Users earn Eleva points on every transaction, which can be redeemed for travel and experiences, enhancing the value of their everyday expenses.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals lack a convenient way to earn rewards on recurring bill payments like rent, tuition, and healthcare, missing out on potential benefits tied to these significant expenses. Existing payment methods often don't offer incentives beyond standard credit card rewards, leaving a gap in maximizing value from these transactions.
Solution
Eleva is a fintech platform that automates recurring bill payments, enabling users to earn rewards on expenses typically paid without incentives. By using Eleva to pay rent, tuition, healthcare, and other recurring bills via credit card or bank transfer, users accumulate Eleva points. These points can then be redeemed for travel, accommodations, and experiences through Eleva's partner network, providing added value on everyday expenses.
Target Audience
Eleva's primary target audience consists of individuals seeking to maximize rewards and benefits from recurring bill payments, such as rent, tuition, and healthcare expenses.
Features
- Automates payment of recurring bills such as rent, tuition, and healthcare.
- Supports payments via credit card and bank transfer.
- Accepts all national and international credit card brands.
- Rewards users with Eleva points for every transaction made through the platform.
- Points are redeemable for travel, accommodations, and experiences with Eleva's partners.
- Supports bill payments received via Boleto, TED/DOC, or Pix.