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Brigit is an app-based financial wellness platform designed to assist users in better managing their finances and avoiding expensive overdraft fees. The app includes various tools and features designed to assist with understanding cash flow, budgeting effectively and accessing small loans at no interest when needed.
Brigit's history dates back to 2017 when it was founded by Hamza Jap-Tjong and Zuben Mathews, former executives from McKinsey Financial Technology company. Their inspiration came from personal experience in dealing with finances and managing overdraft fees themselves.
Brigit app was officially introduced to users in 2018 and quickly gained popularity. In 2019, Lightspeed Venture Partners led a $35 million funding round, taking Brigit's total raised amount up to $47 million - which enabled Brigit to expand its offerings and reach even more users.
Brigit currently provides financial services that are affordable, accessible, and user-friendly, helping millions of users across the United States save over $250 million in overdraft fees. Their mission is to deliver services that improve financial wellness for users while remaining accessible.
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