Oxygen, a banking startup by ReliefClub, is a modern digital banking platform built for the 21st century economy - the free thinkers, rebels and entrepreneurs.
Oxygen is tailored to meet the unique needs of freelancers, digital natives, and small businesses – providing worry-free banking solutions to the nearly 60 million people who make up the ever-expanding segment.
Oxygen was founded in 2017 by Hussein Ahmed. The company is headquartered in San Francisco, California.
Oxygen has built a digital banking platform and mobile application that provides flexible financial services to those who have multiple income streams, contract work or freelance working arrangements.
Oxygen's platform provides a full range of banking services through its mobile app, which runs on both iOS and Android devices.
Oxygen provides users with credit cards and debit cards and enables them to send and receive money, apply for a virtual credit card, make payments in stores, apply for loans and perform various other banking-related tasks directly from the app.
Oxygen is backed by Runa Capital, S7V, Y Combinator, 1984.vc, EFG Hermes, Rucker Park, Inventures and others. The company raised $17M in Series A round on Dec Dec 21, 2020. This brings Oxygen's total funding to $24M to date.
