Bree YC Application
Bree went through Y Combinator in the Summer 2021 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.
- YC batch
- Summer 2021
- Industry
- FintechConsumer Finance
- Team size
- 2
- Status
- Active
- Launched
- 2021
Founders
Alexander LiFounder
Adam KangFounder
What Bree does
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.
Bree's YC application, reconstructed
Y Combinator application
Bree, Summer 2021 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Bree
Chime for Canada, starting with cash advances
We are building a challenger bank for Canadians who live paycheck to paycheck. Our initial product offers interest-free cash advances to solve illiquidity between paychecks. This gives users fast access to funds without fees, and we monetize through optional tips and a same-day express fee. Over time, we will expand into a broader challenger bank offering.
We live and are based in Vancouver, BC, Canada, and plan to remain based here after YC.
We are based in Vancouver because that's where we live and know the Canadian market well. Being local helps us understand our customers' financial struggles and regulatory environment.
21 more answers in the full application
Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.
Frequently Asked Questions
Is this the real Bree YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Bree's public data (launch notes, founder backgrounds, product description). It shows how a company like Bree would present itself to YC, not the text they submitted.
What YC batch was Bree in?
Bree was part of the Y Combinator Summer 2021 batch.
Who founded Bree?
Bree was founded by Alexander Li, Adam Kang.
What does Bree do?
Chime for Canada, starting with cash advances
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Bree's application, and every other YC batch, is in YC Insights.
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