Brigit

?? JOIN TEARSHEET LIVE: Behind the Scenes of Brigit's Exit - Building Financial Health at Scale I'm excited to announce that I'll be hosting Zuben Mathews, Co-founder of Brigit, for an exclusive LinkedIn Live conversation next week! About the Event: In this exclusive conversation, we'll go behind the scenes of Brigit's recent acquisition by Upbound Group. Zuben will share insights on how Brigit's innovative approach to financial health technology successfully served over 1M paying subscribers, and how the combined company plans to expand its impact for the 75% of Americans living paycheck to paycheck. Why You Should Attend: - Learn how Brigit built a profitable fintech focused on financial inclusion and financial health with just 100 employees - Discover how Brigit's cash flow underwriting technology saved users over $1 billion in predatory fees - Understand the strategic vision behind the acquisition and how the combined company will serve 4M+ active customers - Gain insights into how to build fintech products that effectively serve the 75% of Americans living paycheck to paycheck Who Should Attend: - Fintech founders and operators - Financial services professionals - Investors focused on inclusive fintech - Anyone interested in building successful, mission-driven financial products This is a rare opportunity to hear directly from a fintech founder who successfully built AND exited a company serving financially stressed Americans - proving you can create significant social impact while building an enduring, profitable business. Drop a comment if you'll be joining us, and share with colleagues who might benefit from this conversation! #Fintech #FinancialInclusion #Acquisition #FinancialHealth #Tearsheet

Today marks an extraordinary milestone for Brigit: we’re thrilled to announce that Brigit is joining forces with Upbound! When we started Brigit, our mission was clear—to help everyday Americans build a brighter financial future and reduce their financial stress using cutting-edge cash flow technology. This vision was deeply personal to me. As a college student, I experienced firsthand how the traditional financial system often failed those it was supposed to serve. I vividly remember dinners of Snickers bars from vending machines — not because of irresponsibility, but because of the all-too-common timing mismatch between income and expenses. That frustration became my driving force. I saw a system that left financially healthy Americans stranded when they needed support the most, and I knew there had to be a better way. Seven years later, Brigit has stayed true to that mission, helping millions of people gain financial stability and confidence. Looking back, I couldn’t be prouder of what our incredible team has accomplished: ?? $1B+ saved in predatory bank fees for our members since inception ?? 94% of surveyed members feeling more financially confident ?? Over 1M monthly subscribers benefiting from Brigit’s services ?? Increased access to financial products with cash-flow underwriting, approving twice as many people as traditional methods. ?? Becoming one of the fastest fintechs ever to achieve $100M+ in revenue—and doing it profitably This journey wouldn’t have been possible without the unwavering support of so many. To my co-founder, Hamel, who has been my rock through this entire journey — thank you for making this dream a reality alongside me. To the incredible Brigit team, past and present, and our investors, partners, and advisors — your belief in our mission has made all the difference. This partnership with Upbound marks an exciting next chapter. Together, we’ll accelerate the development of innovative, tech-driven solutions to continue empowering underserved individuals to build brighter financial futures. To our members and supporters—thank you for trusting us and inspiring us every day. We’re just getting started. CC’ing our leadership team: Hamel Kothari Fara Remtulla Gregory Nep, CFA Arvind Kolluru Jordon Scarlett George Yury Revutsky Jeff Reichelderfer Benjamin Ludman Katherine Kornas Anthony Forino Gregory McGreevy Lauren Stoller Tara Rider Investors: Jeremy Liew at Lightspeed, David G. Cheng at DCM Ventures, Hans Morris at Nyca Partners, Emmalyn Shaw at Flourish Ventures, Steven Schlenker at DN Capital, Secocha Ventures, Hummingbird Ventures, CORE Capital SAF, CRV, Canaan, CIM Group, Kevin Durant at 35V Advisors, past and present: Bobby Mehta, Corey Stone, Adrienne A. Harris, Tom Brown, Kevin Hartz, Jason Krikorian, Maelle Gavet just to name a few. Read more here: https://lnkd.in/dVdNjwA6

We have some pretty big news to share… We are being acquired by Upbound Group!?? Our mission has always been to make our members’ financial lives easier and reduce their financial stress - so we’re excited to partner with a company with similar values which can expand our ability to do that for even more Americans living paycheck to paycheck. To summarize: - Brigit members should see no change to their experience and Brigit members’ accounts will remain the same. - Our founders Zuben Mathews and Hamel Kothari will continue to lead the Brigit team as a business segment of Upbound, and Brigit will continue to operate under its existing brand. -Upbound is a technology and data-driven leader in inclusive financial solutions, known for brands like Rent-A-Center? and Acima?. Like Brigit, they’re committed to providing accessible financial products to help people achieve greater financial flexibility. Read more about the announcement here: https://lnkd.in/gCqVKj8w cc: Zuben Mathews, Hamel Kothari, Fara Remtulla, Gregory Nep, Arvind Kolluru, Jordon Scarlett, George Yury Revutsky, Jeff Reichelderfer, Benjamin Ludman Katherine Kornas, Anthony Forino , Gregory McGreevy, Lauren Stoller, Tara Rider And thank you to our investors: Jeremy Liew at Lightspeed, David G. Cheng at DCM Ventures, Hans Morris at Nyca Partners, Emmalyn Shaw at Flourish Ventures, Steven Schlenker at DN Capital, Abstract, Secocha Ventures, Hummingbird Ventures, CORE Capital SAF, CRV, Canaan, CIM Group, Kevin Durant at 35V