elevate.money Reviews 9

Same as everybody else. They shut down. And only gave a few days notice to update banking information for final disbursement. They Have turned off services and gone silent. I only invested a couple hundred bucks, but someone needs to check these people. If anyone pushes a class action forward, I am in.

I invested $1,000 with Elevate Money approximately three years ago. Throughout this entire period, I was unable to sell or redeem my shares, despite multiple attempts to obtain clarity about liquidity, timelines, or exit options.

Recently, I received notice that they are sending me a check for $120, representing a fraction of my original investment, with no transparent explanation, audited valuation, or meaningful disclosure justifying this outcome.

The lack of liquidity, absence of clear communication, and severe loss of principal raise serious concerns about how this company operates. Investors should be extremely cautious. This experience has all the hallmarks of a non-transparent and potentially misleading investment structure.

At this point, affected investors should seriously consider seeking legal counsel to understand whether collective legal action, including a potential class action, is warranted.

I strongly recommend doing extensive due diligence before trusting this company with your money.

This company is a scam I have over $7,000 I invested it went on hold and now they won’t even respond they sent a email over a yr ago talking about dissolution then went silent pwe should all come together and sue them I am looking into legal options now

Terrible company, no response, total scam. Won't let you redeem shares, won't communicate, website is shut down, no kind of notice on where your money went

Never invest in untrustworthy apps, I did not have much in it but cannot redeem my shares as of 06/25/25. They removed the link for redeeming your shares and have not told anyone about the new link or what is going on. I remember trying to redeem my shares way before this and they did not approve it and said there was a hold. Don't invest!

Scam!!!!!! Don't invest your hard earned money. Company has not provided returns for more than 6 months. And though the money returns were small ..... .it's better the the 0.00 I'm receiving now. Sent several emails asking to close my account, was told NO!!!!! Put your money in legitimate companies, and leave these scammers to scam the next person!!!

Money is not earning interest and we aren't able to sell back our shares. Pretty frustrated that the money is stuck and I feel scammed. I'd be making more money having it in a regular savings account, and that's pretty pathetic.

It appears the Elevate money is a scam - There no longer paying interest or responding - The regulator for financial
activity has been notified- Ive been scammed $761 dollars

so here what to expect when you will decide to take your money back - no clear way to do so whats so ever. The link to reclaim shares is actualy an email link. You will get a responce with the link to reclaim shares, you will go through fance application whiich at the end will tell you that it will be processed on the 10th business day of the month - yeah exactly they take just like that but will make yuo wait a month - and I am still not sure if I will get it, and if i will in what format is it coming ... also auto invest switch is a joke the scambags will take your money when its off ... they done it 2 times in my case .... overall 2 properties that they invested into shound shady -[ stay away