Bree

Bree, a fintech entity located in Vancouver, BC, operates within the consumer finance sub-industry and is part of the Y-Combinator S21 batch. The company, with a team size of two, provides financial services across Canada and offers remote options. Bree’s primary service includes offering up to a $250 cash advance that helps prevent overdrafts without interest or fees, and does not impact the customer’s credit score. Customers can request advances through a dashboard, with delivery options including a standard service that takes up to two business days for free, and an express service that delivers in less than three hours for a small fee. The company ensures high security by using 2048-bit encryption for data transmission, not storing online banking credentials, and maintaining round-the-clock surveillance of its data centers. Bree charges a monthly membership fee of CA$2.99 after a one-month free trial for new users or immediately for returning customers, with a maximum repayment period of 61 days for the advances. Additionally, Bree supports financial wellness through budgeting tools, a weekly newsletter, and allows customers to tip as a way to support the service.