Arc
Software-driven banking & growth capital for startups
Elevate Pay
USD accounts for remote professionals and freelancers
Updated February 2026
| Arc | Elevate Pay | |
|---|---|---|
| Rating | 4.9★ | 5.0★ |
| Reviews | 20 | 11 |
| Pros | 17 | 8 |
| FactScore™ | 64.3 | 54 |
FactScore™ Comparison
FactScore™ weighs both quality (rating) and popularity (reviews) for a fairer ranking than stars alone.
Pros & Cons
Only in Arc — Pros
Excellent customer support Comprehensive startup banking Modern UX/UI Responsive team Fast account setup High yield savings Secure platform Software-driven banking Efficient cash management Fast product development Tech-centric platform Growth capital access Community trust High interest rates Integrated financial products No equity requirement Transparent processBoth tools — Pros
—Only in Elevate Pay — Pros
Virtual card Easy to use Fast transactions Low fees Smooth online transactions USD accounts Apple Pay integration Competitive exchange ratesOnly in Arc — Cons
Billing issuesBoth tools — Cons
—Only in Elevate Pay — Cons
Physical card Customer support Delayed transactions Onboarding process Bugs on iOS Limited country availability Payment linksDetails
| Arc | Elevate Pay | |
|---|---|---|
| Categories | Online banking, Financial planning, Neobanks, Treasury management platforms | Remote workforce tools, Online banking, Neobanks |
| Platforms | Web | Web · iOS · Android |
| Became Popular | June 29, 2023 | June 9, 2024 |
| Website | www.arc.tech | www.elevatepay.co |
Who Should Pick Which?
Choose Arc if...
- Excellent customer support
- Comprehensive startup banking
- Modern UX/UI
Choose Elevate Pay if...
- Virtual card
- Easy to use
- Fast transactions
With a FactScore™ of 64.3 vs 54, Arc leads in community reception. Arc uniquely offers Excellent customer support and Comprehensive startup banking, while Elevate Pay stands out for Virtual card and Easy to use.
What Users Say
Arc
Arc has become widely used and well-regarded in the YC Community, which has high standards for products like this. Many YC companies tell us they love Arc and have had a great experience. In the wa...
We recently became customers of Arc at Momentum, but have been following their progress for the last 9 months or so. The speed at which they've been able to ship a full suite of products for startu...
HUGE fan of Arc, they have made everything so simple that we have basically automated all of our startup banking needs. It also doesn't hurt that we get 5%+ APY on our savings in the account. 10/10...
Elevate Pay
I've been using ElevatePay for almost 7 months now, and honestly, it has been such a relief. As a freelancer from Pakistan, getting payments used to be such a big hassle. It made me feel so stresse...
Great product and excellent service. I've experienced smooth online transactions from the start, and the simple UI makes it easy to track transaction status. However, the signup process was a bit t...
Excellent experience so far. Virtual Card works with Apple Pay. I receive payments from across the Globe without any trouble. Received payments from Apple Inc. within 24 hours. I hope Elevate Pay w...
Frequently Asked Questions
Which is better, Arc or Elevate Pay?
Based on FactScore™, Arc leads with a score of 64.3 vs 54. Arc has a higher rating of 4.9★ compared to 5.0★.
What are the pros of Arc compared to Elevate Pay?
Arc uniquely offers: Excellent customer support, Comprehensive startup banking, Modern UX/UI, Responsive team, Fast account setup.
What are the pros of Elevate Pay compared to Arc?
Elevate Pay uniquely offers: Virtual card, Easy to use, Fast transactions, Low fees, Smooth online transactions.
Is Arc better rated than Elevate Pay?
Arc is rated 4.9★ from 20 reviews. Elevate Pay is rated 5.0★ from 11 reviews.
What is the FactScore™ of Arc and Elevate Pay?
FactScore™ weighs rating and review volume together. Arc scores 64.3 and Elevate Pay scores 54.
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