At COLABS, our mission has always been to make work better for Pakistan’s growing community of entrepreneurs, startups, and freelancers. As one of the country’s leading flexible workspaces, we are committed to building an ecosystem where businesses don’t just work, they thrive. We are thrilled to announce our partnership with Elevate Pay, a YC-backed fintech that is transforming the way Pakistan’s global workforce receives international payments. Through this collaboration, COLABS goes beyond workspaces by offering members access to financial tools that remove one of the biggest barriers to growth: international payments.
Why this Partnership Matters
Getting paid internationally has long been a challenge for Pakistan’s freelancers, remote workers, and businesses. With the process always being costly, slow, and restrictive, payment options create barriers for growth and global opportunities. Elevate Pay is here to change that. By providing USD accounts to receive international payments via ACH and transfer money directly into banks and wallets at the lowest cost and with industry-leading FX rates. As a local alternative to platforms like Payoneer, Elevate Pay is designed with Pakistan’s community needs in mind to make international payments simpler and more accessible.
How COLABS Fits in
For COLABS, this partnership strengthens our mission to create an ecosystem where we’re able to offer our community a solution to ongoing challenges. Being part of the COLABS community, the value goes far beyond the desk where you can gain access to opportunities designed to help you compete globally and scale without unnecessary barriers.
As part of our CoGrow Initiative, we’re proud to announce the rerun of our Freelancer Fellowship Program (FFP), this year with Elevate Pay being our key sponsor. This 12-week accelerator-style program will support 100 emerging freelancers in Lahore and Karachi with workspace, mentorship, financial training, and growth opportunities that are tailored to their needs. By focusing on mentorship and financial literacy the program continues to empower Pakistan’s freelance community while strengthening the country’s digital economy.
We’re not just ending the conversation here. Together with Elevate Pay, we’re continuing to create spaces where freelancers and founders can learn, share, and grow. From workshops on USD earnings, account setup, and taxation to sessions on fundraising, cap table management, and ESOP structuring, we’re committed to giving our community the knowledge they need to move forward with confidence.
And this is just the beginning! With fintech panels, roundtables, and demo days, we’ll keep important conversations around financial inclusion, digital payments, and startup growth alive. For us, it’s about building a community that stays connected, supported, and prepared for the future.
We’re pleased to join hands with Elevate Pay and continue building initiatives that empower freelancers, startups, and entrepreneurs across Pakistan!