Brigit

Brigit

Financial services for improved financial health

About

Brigit provides financial services aimed at helping everyday Americans improve their financial health. The company offers transparent and fair financial products that assist users in managing their finances effectively and avoiding unnecessary fees. Brigit's services are designed to promote wise spending and financial stability, ensuring that users can keep more of their money. Unlike many competitors, Brigit's business model aligns with the interests of its customers, focusing on putting money back into their hands rather than charging hidden fees. The team at Brigit consists of experts from top institutions, bringing valuable experience in tackling financial insecurity. The company's goal is to empower individuals to achieve better financial outcomes and has been recognized for its efforts in the fintech space.

Company Stage

Acquired

Employees

51-200

Industries

Fintech, Financial Services

Total Funding

$107M

Headquarters

New York City, New York

Founded

2017


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Simplify's Take

What believers are saying

  • Brigit saved members over $250 million in fees since its launch.
  • The launch of Credit Builder aligns with rising demand for credit-building products.
  • Brigit's acquisition by Upbound Group could enhance its financial health offerings.

What critics are saying

  • FTC action against Brigit may lead to regulatory challenges and fines.
  • The acquisition by Upbound Group may disrupt Brigit's current business model.
  • Brigit Premium's success depends on clear communication of its added value.

What makes Brigit unique

  • Brigit offers transparent, fair financial products focused on improving financial health.
  • The company aligns its business model with customer interests, avoiding unfair fees.
  • Brigit's team includes experts from Amazon, Deutsche Bank, and Palantir.

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Growth & Insights
Headcount

6 month growth

11%

1 year growth

15%

2 year growth

30%

Benefits

Medical benefits

Generous PTO

Paid parental leave

Phone/wifi stipend

401k

Snacks & more

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