Bree
Bree is a fintech company based in Vancouver, Canada, specializing in consumer finance by offering cash advances to Canadians living paycheck to paycheck without affecting their credit score.
Company Overview
Bree is a consumer finance fintech company based in Vancouver, BC, Canada. The company offers financial services aimed at helping Canadians, particularly those living paycheck to paycheck. Bree is a part of the Y-Combinator S21 batch and operates in various regions including Canada, America/Canada, and partly remote areas. The team consists of two members dedicated to advancing financial wellness for Canadians.
Services
Bree provides users with a financial service that includes cash advances up to $250 to help prevent overdrafts, without impacting the customer's credit score. Advances can be requested through their online dashboard and are available with two delivery options: standard delivery (up to 2 business days) for free and express delivery (in less than 3 hours) for a small fee. The service includes optional tips and a monthly membership fee of CA$2.99 with a 1-month free trial for new customers.
Security Measures
Bree prioritizes customer data security by employing 2048-bit encryption for data transmission. The company's access to customer accounts is read-only and it does not store customers' online banking credentials. Bree’s data center is monitored 24/7 by security personnel and uses firewalls among other security precautions to protect user information.
Customer Support
For any inquiries or issues, Bree provides customer support via email. This ensures that users can get assistance with their accounts or services whenever needed. The company’s support system is set up to address a wide range of questions and problems that users may encounter.
Financial Wellness Initiatives
Apart from providing cash advances, Bree is committed to helping Canadians achieve financial wellness. The company offers budgeting tools and a weekly newsletter designed to guide users towards better financial management. These initiatives reflect Bree’s mission to support Canadians in improving their financial health.