Arc

Software-driven banking & growth capital for startups

★★★★★ 4.9/5
FactScore™ 64.3
VS

Elevate Pay

USD accounts for remote professionals and freelancers

★★★★★ 5.0/5
FactScore™ 54

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.

👑
64.3
Arc FactScore™
★ Arc wins on FactScore™
54
Elevate Pay FactScore™

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 process

Both 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 rates

Only in Arc — Cons

Billing issues

Both tools — Cons

Only in Elevate Pay — Cons

Physical card Customer support Delayed transactions Onboarding process Bugs on iOS Limited country availability Payment links

Details

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.

3

What Users Say

Arc

J
Jared Jun 29, 2023
★★★★★

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...

A
Ashley Jun 29, 2023
★★★★★

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...

B
Brandon Jun 29, 2023
★★★★★

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

N
Numan Oct 11, 2024
★★★★★

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...

A
Abdullah Aug 5, 2024
★★★★★

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...

M
M. Jul 5, 2024
★★★★★

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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