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YC S21 · Active

Bree

Chime for Canada, starting with cash advances

Class
Summer 2021
Status
Active
Industry
Fintech
Location
Vancouver, BC, Canada
Team size
2

Website

https://www.trybree.com/

About

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.