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Cleva

by Cleva · Since 2023
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ActiveAvailable globallyCloud
Quick facts
VendorCleva
Year launched2023
StatusActive
LocationHeadquarters San Francisco, CA US
Countries servedGlobal
Languages1
Integrations
Free tier
Free trial
Contact sales

About Cleva

Cleva is a financial platform from Cleva that provides tools for managing US dollar accounts. It includes features such as the ability to receive, hold, and save USD, allowing users to easily transact in US dollars regardless of their location. This is particularly beneficial for individuals or businesses with global financial needs. With Cleva, users can navigate international payments and manage their finances more effectively. Key capabilities: receive USD hold USD save USD global payment support user-friendly interface Best for: individuals and businesses that need to conduct transactions in US dollars internationally.

Cleva is a financial technology platform specializes in providing "USD banking without borders," positioning itself as a crucial tool for individuals and businesses operating internationally. Its core value proposition is enabling non-US residents to open a US-based dollar account in their own name, thereby streamlining the process of receiving USD payments and facilitating global commerce. The user experience is clearly designed for digital-native users, suggested by its availability on major app stores. The interface is likely clean, modern, and highly intuitive, prioritizing ease of navigation for key actions like account creation, funding, and card management. This user-friendly design is essential for a financial service where clarity and speed are paramount, allowing users to move seamlessly between personal and business banking functions. Regarding Functionality and Features, Cleva’s offering is anchored by its US-based USD accounts and the provision of USD virtual cards. The ability to shop online anywhere, anytime using the virtual card is a significant convenience. The innovative feature that sets Cleva apart is its commitment to universal access, effectively dissolving geographic barriers often imposed by traditional banking systems.

Pros & Cons

What users like
  • +Some users report smooth USD payment receipt with correct setup.
  • +Virtual card works well for spending in USD.
  • +Upwork deposits are free, reducing fees.
  • +Security/AML integrations enhance transaction safety.
  • +App has decent legitimacy scores in some reviews.
What users flag
  • Delays or lost USD crediting reported by multiple users.
  • Some accounts closed without clear explanation.
  • Complaints of unclear transaction visibility.
  • Customer support sometimes requires extensive documentation.

Features

Key features

USD banking account
lets users open a US-based dollar account to receive global USD payments.
Currency conversion
allows conversion from USD to local currency (e.g., naira) quickly.
Virtual USD debit card
lets users spend or transact in USD wherever cards are accepted.
Cleva Points rewards
earns points on USD deposits or local transfers redeemable for USD.
IMTO license transfers
supports secure inbound international money transfers in Nigeria.
AI-powered security/AML
advanced fraud and AML detection to protect transactions.

Additional features

USD account management
holds and manages funds in US dollars.
International payment receipt
receive payments via ACH, wires, and platforms.
Virtual debit card spending
spend USD funds online or offline with a card.
Local currency conversion
convert USD balances to local currency at user’s choice.
Cleva Points rewards system
earn rewards on deposits and transfers.
Business USD accounts
hold and receive global USD payments for businesses.
Compliance and fraud protection
uses AI tools for AML/security monitoring.
Dedicated support
in-app or email support for users.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
2
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇳🇬NGN

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