Bree (Founding)
Funding Details
Awarder
YCombinator
Date Award
July 15, 2021
Vertical
Fintech,Consumer Finance
Company Info
Founding Year
2021
Market
Fintech
Location
Vancouver, BC, Canada
Coinvestors
YCombinator
Company Description

Bree is building a challenger bank for the 11 million Canadians living paycheck to paycheck, starting with interest-free cash advances. We make money through tips and an optional, same-day express fee. By solving our customers' most urgent problem—illiquidity between paychecks —our cash advance business is a cheap, but profitable and repeatable hook that builds distribution for a broader challenger bank. This represents a $9 billion revenue opportunity in Canada.