Elephants Inc

What Elephants Inc does

Elephants Inc is a Singapore-headquartered fintech company, founded in 2025, that operates a stablecoin-native digital financial operating system targeting SMEs, Web3 founders, and distributed teams. The platform unifies multi-currency accounts (supporting 100+ fiat currencies and stablecoins including USDC and USDT), cross-border payments, corporate Visa Platinum debit cards, integrated invoicing, bulk stablecoin payouts, and AI-powered spend management into a single product accessible via web, mobile, and WhatsApp. The company's flagship AI offering is "Ele," a conversational financial co-founder that processes invoices, categorizes expenses, detects anomalies, and manages card limits through natural-language text commands.

The company pursues a hybrid go-to-market combining product-led growth (3-minute self-serve onboarding, instant virtual card issuance), enterprise sales (dedicated [email protected] channel for Elite tier), and community-led content marketing targeting Web3 and cross-border finance keywords. Revenue is generated through a three-tier subscription model (Essential at $0/month, Explorer at $18/month, Elite at $38/month), transaction and FX fees on card spending and transfers, a $150 Premium Metal Card, and an Elepoints rewards program. The company has obtained multi-jurisdiction regulatory registrations — FINTRAC MSB and Bank of Canada PSP in Canada, AUSTRAC in Australia — and operates through legal entities in Hong Kong (Elephants Growth Tech Ltd) and Australia (Elephants (AU) Pty Ltd). The current customer base consists of a small set of named accounts including Live 2 Live, Shadstone Limited, VX Global, HeyGames, Make Banc, Bebop Asia, and Deemples, spanning startups and small enterprises across live streaming, technology, gaming, and financial services.

Name

Elephants Inc

Legal name

Elephants Growth Tech Ltd

Website

https://elephants.inc

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Elephants Inc is a Singapore-headquartered fintech operating a stablecoin-native financial platform for SMEs, Web3 founders, and distributed teams, unifying multi-currency accounts, cross-border payments, Visa corporate cards, invoicing, and an AI assistant (Ele) via WhatsApp across 100+ currencies.

Ownership category

akta.pro rank

Product category

Business Spend Management Software

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

akta.pro secondary industry

Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD)

Keywords

• Business spend management
• Cross-border payments
• Stablecoin business accounts
• Corporate cards fintech
• Multi-currency accounts

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Subscription Plans: Tiered monthly subscription model with three plans: Essential ($0/month, simplified KYC), Explorer ($18/month, full KYB), and Elite ($38/month, enterprise scaling). Higher tiers offer progressively lower FX and transfer fees.
2. Card Transaction Fees: Fees on card transactions including 0% on USD for Essential, 0.15% for Elite; Non-USD fees ranging from 2.25% (Essential) to 1.50% (Elite); ATM withdrawals at 3% + $3
3. Add Money (Fiat Deposits): Fees for adding fiat funds: Stablecoin deposits free, USD fiat deposits 2% (Essential) to 0.15-0.25% (Explorer/Elite tiers)
4. Send Money Transfers: Transfer fees including 0.5% for stablecoins, 2% for USD fiat (plus network fees), and currency-specific fees for other fiat currencies. Network fees: $5 Local, $35 SWIFT
5. Premium Metal Card: Physical metal card sales at $150 per card with premium personalization
6. Rewards Points: Elepoints earned on card spend ($1USD = 1 Elepoint) and stablecoin withdrawals (1.5% transaction fee), redeemable for travel rewards

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Elephants Inc. operates a unified digital financial platform for SMEs that combines multi-currency business accounts (100+ fiat currencies plus USDC/USDT stablecoins), corporate Visa Platinum debit cards, cross-border payments to 100+ countries, integrated invoicing, and bulk stablecoin payouts in a single dashboard. The platform layers an AI-powered WhatsApp-native assistant called "Ele" that automates spend tracking, cash flow monitoring, invoice processing, and team card controls via natural-language chat. It is sold primarily through tiered monthly subscriptions (Essential $0, Explorer $18, Elite $38) plus transaction and FX fees, with a Premium Metal Card offered as a $150 hardware add-on.

Product overview

Elephants Inc. is a unified digital financial operating system positioned as an 'all-in-one digital Co-Founder and spend management platform for SMEs.' The platform integrates four core pillars: Hold (multi-currency and stablecoin wallets), Send (cross-border transfers to 100+ countries), Collect (virtual accounts and invoicing), and Spend (corporate Visa cards with spend controls). Core products include the main platform, the AI co-founder 'Ele' (WhatsApp-based financial assistant), Smart Cards for Teams (virtual and physical Visa Platinum cards), Multi-Currency Accounts with virtual USD/EUR accounts, Integrated Invoicing, and the Elepoints Rewards Program. The platform offers three pricing tiers (Essential at $0/month, Explorer at $18/month, Elite at $38/month) plus a Premium Metal Card add-on ($150/card). The platform supports both fiat (100+ currencies) and crypto (USDC, USDT) in a single account, integrates with accounting software (Xero, QuickBooks), and features AI-powered automation for invoice processing, anomaly detection, and predictive analytics.

Differentiator

Problem solved

Functional benefit

Products and services

• Elephants Inc. Platform
• Ele AI Chat-Based Co-Founder
• Smart Cards for Teams
• Multi-Currency Account and Virtual Accounts
• Integrated Invoicing
• Elephants Rewards Program (Elepoints)
• Premium Metal Card

Quantifiable outcome

• 40% reduction in FX and transfer fees for customers switching from traditional banking
• +5 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Feature6 records

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Bridge (Stripe): Stablecoin infrastructure and API platform for businesses, now part of Stripe. Comparable on stablecoin business banking infrastructure and developer-first tooling, though Bridge primarily serves as an API/embedded layer.
• Found: US business banking platform for self-employed individuals and small businesses with tax automation and expense tools. Comparable on SME target customer and integrated financial workflow approach.
• Yellow Card: Africa-focused stablecoin and fiat cross-border payments platform serving businesses and individuals. Comparable on stablecoin-native payment infrastructure and cross-border remittance use cases, though primarily regional.
• Relay Financial: US small business banking platform offering multiple business checking accounts, corporate cards, and bill payment. Comparable on SME banking, multi-account structure, and spend management tooling.

Direct peers

• Mercury: US-focused startup business banking platform with multi-currency accounts, corporate cards, and integrations. Comparable on target customer (startups/SMEs), corporate card offering, and modern software-led banking experience.
• Airwallex: Asia-Pacific headquartered multi-currency business account platform offering cross-border payments, corporate cards, and FX for SMEs. Directly comparable on product surface, customer segment, and geographic overlap with Elephants Inc.
• Brex: Corporate cards, spend management, and business banking for startups and enterprises. Overlaps directly on corporate cards, multi-currency, expense management, and AI-driven financial workflows.
• Ramp: Corporate cards and business spend management platform with AI-powered automation for finance teams. Comparable on spend management, corporate cards, automation, and SME/enterprise target customers.
• Wise: Multi-currency business accounts and cross-border transfers for SMEs and individuals. Comparable on multi-currency wallet, FX pricing, and SME target customer, though Wise is significantly more mature and broader in scale.
• Statrys: Hong Kong-headquartered multi-currency business account platform serving SMEs with cross-border payments and FX in Asia. Comparable on multi-currency accounts, SME focus, and Asia-Pacific market presence.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elephants Inc