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Oxygen

Los Angeles, CA · Founded 2018 · 68 employees

A leading digital bank in the US offering personal and business…

Y CombinatorFintechWebsite ↗LinkedIn ↗

About Oxygen

Where is Oxygen headquartered?

Oxygen is headquartered in Los Angeles, CA.

What does Oxygen do?

A leading digital bank in the US offering personal and business…

What problem does Oxygen solve?

Small businesses, gig-economy workers, and entrepreneurs lacked banking products built around their needs.

What's Oxygen's solution?

Historically built and marketed a neobank/fintech platform of financial products aimed at mid-to-high income millennials, gig workers, SMBs, and entrepreneurs; the page states Oxygen's services are currently unavailable.

What makes Oxygen different?

Cites concrete historical traction as its credentials: 250K+ monthly active users, 1.75k+ businesses using it daily, $550k/month in card swipe revenue, a Y Combinator graduation, and a $20M funding round.

What makes Oxygen notable?

Oxygen was founded in 2018 by Hussein Ahmed and later raised a $20M round while bringing on former Sber Group CTO David Rafalovsky as CEO.

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Free to use in articles, research, and reference works. Stable URL, will not change. Data on this page last updated August 27, 2026.

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"Oxygen: Company Profile." SoCal.Startups, August 27, 2026, https://socalstartups.io/companies/city/los-angeles/fintech/oxygen. Accessed August 27, 2026.
APA
SoCal.Startups. (2026). Oxygen: Company Profile. Retrieved August 27, 2026, from https://socalstartups.io/companies/city/los-angeles/fintech/oxygen
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