Breez

Company Overview

Snapshot

Founded in January 2018 by Roy Sheinfeld, Yaacov Akiba Slama, and Roei Erez, Breez operates with 11–50 employees. The company has raised $9.5 million across 3 funding rounds from 6 investors.

Business overview

Breez is a Fintech & Insurtech company focused on making bitcoin payments seamless through its Lightning Network client. The company's core technology enables users to send and receive small bitcoin payments simply, quickly, and safely, utilizing a non-custodial service built on lnd and Neutrino. Breez also offers a point-of-sale mode, transforming its app into a Lightning cash register, thereby serving both consumers and businesses in the global market for mobile payments, cryptocurrency, and blockchain solutions.

Strategic signal

This recent capital infusion signals continued investor confidence in Breez's vision for mainstream bitcoin payments and its Lightning Network technology, suggesting a focus on further development and market expansion in the cryptocurrency and fintech sectors.

Company Intelligence Q&A

What is Breez's primary offering?

Breez provides a Lightning Network client designed to facilitate seamless peer-to-peer bitcoin payments, allowing users to send and receive small amounts quickly and securely.

When was Breez founded and by whom?

Breez was founded in January 2018 by Roy Sheinfeld, Yaacov Akiba Slama, and Roei Erez.

What is the total capital raised by Breez?

Breez has raised a total of $9.5 million across 3 funding rounds.