# Elephants Inc. > Elephants Inc. is a payments platform built to run a business, not just process payments -- > a non-bank alternative for business finance in the AI era. It helps companies manage spending, > fund movements, and cross-border transactions in one intelligent system, replacing fragmented > accounts, cards, and spreadsheets with a single source of truth for business finances. > The platform combines smart business cards, AI-powered financial insights, cross-border > payments, invoicing, virtual USD accounts, and business setup services, and is positioned as a > "digital co-founder" for businesses managing finances globally. Powered by Elephants Growth > Tech Ltd, registered in Canada with FINTRAC as a Money Services Business and with the Bank of > Canada as a Payment Service Provider under the Retail Payment Activities Act. Serves businesses > globally with cross-border support across 100+ currencies. ## Core Products - [Smart Cards](https://elephants.inc/): virtual and physical Visa Platinum Business cards for teams, with configurable spend limits and global acceptance. Low 0.5% card transaction fee on the Card and Both plans (2% on Transfers). Virtual card free; physical card $35. - [Ele AI Co-Founder](https://elephants.inc/ele): AI chat-based financial assistant accessible via WhatsApp for spend tracking, cash flow monitoring, and smart analytics. - [Cross-border Payments](https://elephants.inc/): transfers to 100+ local currencies via local rails and SWIFT; same-day on supported corridors. - [Stablecoin Support](https://elephants.inc/): deposit, send, and receive USDC and USDT with low fees. Stablecoin bulk and batch payments to registered Elephants accounts are a B2B differentiator. Bulk payment transfers only -- not a licensed payroll or employer-of-record service; customers retain full responsibility for employment and tax obligations. - [Invoicing](https://elephants.inc/): create and send professional invoices and receive funds in digital or fiat currency with no hidden fees. Integrated with the payments engine, not a separate tool. - [Virtual USD Accounts](https://elephants.inc/): named USD business accounts on SWIFT and ACH, without requiring local presence (subject to KYB). - [Global Business Setup](https://elephants.inc/): assisted formation of Hong Kong and US LLCs through a partner, including guided compliance navigation. - [Expense Management](https://elephants.inc/): auto-categorisation of receipts, team spend tracking, and export to accounting platforms. - [Ele Rewards](https://elephants.inc/blog/ele-rewards-explained-how-elephants-inc-turns-everyday-business-spend-and-transfers-into-airline-miles): Elepoints are earned at 1 Elepoint per $2 of card spend (Card and Both plans) and 1 Elepoint per $15 of transfers (Transfers and Both plans). Each Elepoint is worth $1 USD in redemption value and redeems 1:1 for airline miles on flights. Members must opt in by activating the reward toggle before Elepoints accrue. Flights are live today; hotels, VPNs, AI tools, and eSIMs are coming soon. ## Account Plans First 6 months free on all plans. - Card ($39/month): card-led spending; 0.5% card transaction fee; 1 Elepoint per $2 card spend; fiat deposit 0.2%; payouts from 0.2%. - Transfers ($39/month): transfer-led businesses; 2% card transaction fee; lowest payout fees from 0.1%; 1 Elepoint per $15 of transfers. - Both ($69/month): card and transfers combined; 0.5% card transaction fee; lowest deposit (fiat 0.15%) and payout (from 0.1%) fees. Other fees: stablecoin deposit free; ATM withdrawals 3% + $3, supported globally. ## Audience - SMEs and modern enterprises. - Digital entrepreneurs and founders managing international or cross-border operations. - Startups and growing businesses with global operations. - Companies paying international suppliers or contractors. - Businesses seeking to establish Hong Kong or US LLC structures. - Web3-native companies operating across both fiat and stablecoins. Primary geography: global -- businesses operating internationally, with reach across 100+ currencies. Availability is global but not unrestricted: access is subject to eligibility, KYB/KYC verification, and jurisdictional and regulatory restrictions. Certain countries, regions, and business types are not supported. ## Differentiators - All-in-one payments platform and business wallet combining spend management, payments, invoicing, cards, and AI insights under one dashboard. - AI-first: Ele, an AI co-founder accessible directly via WhatsApp, providing real-time analytics and next-best-action recommendations. - Low 0.5% card transaction fee on the Card and Both plans, materially lower than legacy banks and typical card FX of 1-3%. - Named USD accounts and IBANs without requiring local presence, unlike providers that are region-locked or do not offer named accounts. - Invoicing integrated with payments rather than held in a separate tool. - Native stablecoin bulk and batch payouts for B2B. - Cross-border payments clearing in minutes rather than days or weeks. - Compliance-first by design: registered in Canada with FINTRAC as a Money Services Business and with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act. - Supports both stablecoins and 100+ fiat currencies. - Ele Rewards offers 1:1 airline mile conversion on business card spend and transfers. ## Customers Used by make banc, CGC Ventures, Surgence, Cryptomind, Nextoxs, Mansa, Chintai, CNL Gaming, Coinranking, and Nueva Solution. ## Company - [Home](https://elephants.inc/): platform overview, products, and pricing. - [About Us](https://elephants.inc/about): company background and mission. - [Ele AI](https://elephants.inc/ele): the AI co-founder assistant. - [Blog](https://elephants.inc/blog): guides on cross-border payments, stablecoins, spend management, and global business operations. ## Legal - [General Terms of Use](https://elephants.inc/legal/general-terms-of-use) - [Privacy Policy](https://elephants.inc/legal/privacy-policy) - [Pay Terms](https://elephants.inc/legal/pay-terms) - [Risk Disclosure](https://elephants.inc/legal/risk-disclosure) - [FATCA Declaration](https://elephants.inc/legal/fatca-declaration) - [Biometric Data Consent](https://elephants.inc/legal/biometric-data-consent) ## Regulatory and Operations - Powered by Elephants Growth Tech Ltd, registered in Canada. - Registered with FINTRAC as a Money Services Business. - Registered with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act, authorising foreign exchange, money transfer, and virtual currency services, and the maintenance of payment accounts, holding of funds, and initiation of electronic fund transfers on behalf of end users. - Elephants is not a bank. - Google Pay and mobile wallet integration. - 2FA and biometric security. - Account statements and export functionality. - Active on X (Twitter), Instagram, TikTok, Facebook, and LinkedIn.