Breez Overview
Breez is a Lightning Network client that aims to make paying in bitcoin a seamless experience. With Breez, users can send or receive small payments in bitcoin simply, quickly, and safely. Breez is a non-custodial service that uses lnd and Neutrino under the hood. Breez also includes a point-of-sale mode that transforms the app from a Lightning wallet into a Lightning cash register with the slide of a finger, allowing everyone to become a merchant and accept Lightning payments.
Cumulative Funding Raised Over Time ($)
Latest News
Bitcoin payments startup Breez raises $5 million
Growth-Positive
Breez Raises $4.5 Million In Fundraising Round
Breez, a Lightning solution service provider, has raised $4.5 million in an oversubscribed funding round. The round was led by ego death capital and Entrée Capital, with participation from Hivemind Ventures, Fulgur Ventures, Lightning Ventures, Hashkey Capital, Hawk Digital Innovation, and Bitcoiner Ventures. Breez aims to bring Lightning to the masses through its Lightning as a Service (LaaS) approach. The company started as a Lightning client, providing services such as a Lightning point-of-sale software and a native podcast player. Now, Breez is oriented towards the goal of decentralizing the development of new Lightning-based applications and use cases through its non-custodial Lightning SDK.
Investment
growth-positive
This Tel Aviv Startup Wants to Make Bitcoin Payments a Breeze
Tel Aviv-based Breez Development Ltd. has developed an app that enables the swift transfer of bitcoin between users, making bitcoin payments comparable to using a standard payment app or credit card. The company aims to eliminate the obstacles of broad bitcoin adoption by providing a fast and seamless user experience. Breezs app allows users to transfer bitcoin, purchase goods from providers, convert bitcoin to fiat currencies, and make direct payments at local businesses. The app is currently being used by 2,500 people who have made over 25,000 transactions valued at over 10 bitcoins. Breez has raised $1.5 million to date.
CustomersInvestment
Breez Wants to Make the Lightning Network More User Friendly
growth-positive
Introducing Breez: lightning fast Bitcoin payments
The article discusses Breez, an initiative that aims to promote the adoption of Lightning Network for Bitcoin. Breez provides a user-friendly experience for making payments and transactions using Bitcoin. Users can pay others using their mobile device or a Breez card, and can also convert fiat currencies to bitcoins. The key theme of the article is the focus on user experience and the goal of transforming Bitcoin into a functional currency widely used in everyday commerce. The article does not mention any specific customers or partners. The event described in the article does not have a specific date. The confidence level of the answer is 8.
CustomersPartners
| Sector | Fintech & Insurtech |
Funding
| Total funding | $9.5M |
| Last funding | $5M |
| Stage | A |
| Rounds | 3 |
| Investors | 6 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | breez.technology/ |
| App Store | App Store |
| Google Play | Google Play |
Locations
Mishmar HaYarden 89, Tel Aviv-Yafo, Israel
Photos & Videos
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