Name

Beem

Legal name

Line Financial PBC

Website

https://trybeem.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Consumer Fintech / Earned Wage Access

NAICS

Credit Card Issuing (522210), Credit Card Issuing (52221)

SIC

Short-Term Business Credit Institutions (6153), Finance Services (6199)

akta.pro primary industry

BNPL Consumer Apps & Wallets (Discovery, Management) (FSAGAIAG)

Keywords

• Instant cash advances
• Mobile banking app
• Credit building tools
• AI budgeting assistant
• Consumer fintech platform

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription Plans: Beem generates primary revenue through tiered subscription plans ranging from $1.99 to $13.99 per month. Plans provide access to different levels of cash advance limits, insurance benefits, and feature access. The subscription model creates predictable recurring revenue with tier-based upsell opportunities.
2. Device Protection Plans: Additional revenue stream from TotalCare device protection add-ons (TotalCare Lite at $3.99/mo, Basic at $7.99/mo, Pro at $13.99/mo) offering AKKO screen and device protection plus wellness and privacy features.
3. Instant Cash Advance Fees: While the core Everdraft feature has no interest, small transaction fees apply for instant fund delivery to debit cards (starting at 99 cents) and certain transfer methods (e.g., $4 for bank-issued debit card instant transfers).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Beem is a mobile-first consumer fintech app that provides instant cash advances of up to $1,000 through its Everdraft™ feature with no interest, no credit checks, and no due dates, combined with FDIC-insured deposit and savings accounts, a credit-builder debit card, AI-powered budgeting/deal/job tools, and bundled insurance and device-protection add-ons. It operates on a tiered monthly subscription (Lite $1.99 to Pro $13.99) targeting paycheck-to-paycheck and credit-challenged US consumers, with banking and card services delivered through partner Cross River Bank and Upwardli.

Product overview

Beem is an all-in-one financial technology platform offering a comprehensive suite of financial services through a mobile app. The core product portfolio centers on the Everdraft™ instant cash advance feature (up to $1,000 with no interest/credit checks) and the Beem Card credit-building debit card. The platform operates on a subscription model with four tiers (Lite at $1.99/mo through Pro at $13.99/mo) that unlock progressively higher cash advance limits and premium features. Beem's AI-powered assistant suite includes Budget GPT (spending analysis and alerts), Price GPT (price comparison), Deals GPT (discount finder), and Jobs GPT (job matching). Additional offerings include high-yield savings (5% APY), cashback rewards (up to 7.5%), personal loans, insurance products (job loss, life, device, car), estate planning, and gaming rewards. Banking services are FDIC-insured up to $250,000 through partner Cross River Bank.

Differentiator

Problem solved

Functional benefit

Brands

• Everdraft™: Beem's instant cash advance feature that provides access to up to $1,000 with no interest and no credit checks.
• Budget GPT
• Price GPT
• Deals GPT
• Jobs GPT

Products and services

• Everdraft™ Instant Cash Advance Signature Beem product that lets US consumers access up to $1,000 against upcoming verified deposits with no interest, no credit check, and no due date; eligibility is based on income and account activity. Designed for paycheck-to-paycheck, gig, and credit-challenged users who need short-term liquidity without overdraft or payday-loan fees.
• Beem Card (Credit-Builder Debit Card) Mastercard-accepted debit card that reports everyday spending and ATM withdrawals to the credit bureaus to help users build credit history, offered at no cost with no credit check or FICO requirement.
• BudgetGPT AI Budgeting Assistant Conversational AI tool inside Beem that analyzes user transactions, categorizes spending, answers natural-language finance questions, and pushes smart alerts and reminders for bills and low balances.
• PriceGPT AI Price Comparison AI assistant that scans receipts or accepts product information to compare prices across multiple stores and set price-check reminders, helping users find better-value alternatives before purchasing.
• DealsGPT AI Deal Finder AI assistant that surfaces real-time discounts and limited-time offers across food, shopping, subscriptions, travel and household categories, with the ability to set reminders for expiring deals.
• JobsGPT AI Job Matching AI assistant that matches part-time, local, remote and flexible job opportunities to a user's skills and availability and provides resume and interview-prep guidance.
• Beem Direct Deposit FDIC-insured direct deposit service that lets users receive paychecks and government benefits into their Beem account, with deposits insured up to $250,000 through Cross River Bank.
• Beem High-Yield Savings Account Savings account offered inside Beem that advertises up to 5% APY on all funds to help users grow their savings.
• Beem Cashback Rewards Program Rewards program offering up to 7.5% cashback on purchases, 3% on gas, additional rewards on food, travel, and clothing, and up to 10% cashback via instant gift cards at 3,000+ brands.
• Beem Pass Social Money Feature Social financial feature inside Beem that lets users add friends and family, split purchases, and share financial activities.
• TruStage Payment Guard Job Loss & Disability Insurance Insurance add-on bundled into Beem plans that pays up to $1,000 toward an Everdraft cash advance if the user loses their job due to layoff or business closing, or is totally disabled for 30+ days.
• Beem Life Insurance Benefit Life insurance benefit available to Beem subscribers that pays up to $1,000 to beneficiaries with no underwriting or medical exams required.
• Beem TotalCare Device Protection Tiered device-protection subscription offered with Beem plans, bundling AKKO screen or full device protection with Headspace wellness, FitOn Pro fitness, and Dashlane password security on higher tiers.
• Beem Personal Loans Personal loan product available through Beem for amounts up to $100,000, primarily for debt consolidation with potential to reduce existing interest rates by up to 30–40%.
• Beem Will & Trust Planning Estate planning tool inside Beem that lets users create unlimited wills, trusts, and directives that are valid in all 50 US states.
• Beem Car Insurance Comparison Auto insurance comparison service that lets users compare car-insurance quotes and switch to cheaper premiums.
• Beem Arcade Gaming Rewards In-app gaming platform with 1,000+ casual games where users earn cash rewards for hitting milestones and can withdraw winnings instantly.
• Beem Subscription Plans Tiered monthly subscription plans (Lite $1.99, Basic $3.99, Plus $6.99, Pro $13.99) that unlock progressively higher Everdraft cash-advance limits, job-loss and life insurance benefits, personal-loan access, and premium features.
• Beem Tax Filing Service Free tax filing service within Beem providing a tax calculator plus federal and state tax guides and resources.

Quantifiable outcome

• Up to $1,000 instant cash access with no interest or credit checks
• +7 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• UpwardlicoreTechnology or IntegrationUpwardli serves as the program manager of the Beem Card, handling card operations and management. Upwardli is not an FDIC-insured bank, distinguishing its role from the deposit banking partner.
• TruStagecoreStrategic or Co-development PartnerTruStage provides Payment Guard insurance, a benefit that pays up to $1,000 towards Everdraft instant cash if the user loses their job due to layoff, job elimination, business closing, or total disability lasting 30 days or more. This insurance is bundled into Beem subscription plans.
• AKKOsupportingTechnology or IntegrationAKKO provides device protection services integrated into Beem's TotalCare plans. TotalCare Lite offers AKKO screen protection, while Basic and Pro plans offer full AKKO device protection along with wellness and privacy add-ons.
• MastercardcoreTechnology or IntegrationThe Beem Card operates on the Mastercard network, accepted everywhere Mastercard is accepted. This provides global payment network infrastructure for Beem Card users.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Dave: Dave is a direct competitor offering cash advances (ExtraCash), budgeting tools, and a subscription membership — almost identical positioning to Beem's Everdraft and AI features, targeting the same paycheck-to-paycheck segment.
• Earnin: Earnin pioneered earned-wage access with no-interest cash advances tied to direct deposit, directly competing with Beem's Everdraft on the same value proposition for hourly and gig workers.
• Brigit: Brigit offers instant cash advances, budgeting, and credit-building tools on a subscription model — overlapping Beem's core Everdraft, BudgetGPT, and credit-builder card offerings.
• MoneyLion: MoneyLion bundles cash advances (Instacash), credit-building loans, investing, and AI financial tools under a subscription — directly comparable to Beem's all-in-one consumer fintech play.
• Cleo: Cleo offers an AI-powered chat-based financial assistant with cash advances and credit-building — extremely close peer given Beem's heavy emphasis on BudgetGPT/DealsGPT/PriceGPT/JobsGPT chat experiences.
• Albert: Albert combines cash advances, AI-driven budgeting, and automated savings/investing on a subscription — closely mirroring Beem's combination of Everdraft plus AI financial assistants.
• Klover: Klover provides cash advances based on income and banking data without credit checks, plus budgeting tools — a near-direct competitor to Everdraft and BudgetGPT.
• Empower: Empower offers cash advances (Thrive) plus automated savings and budgeting on a subscription — a closely comparable consumer fintech targeting underserved US consumers.

Broad incumbents

• Chime: Chime is a neobank offering early-pay direct deposit, credit-builder card, and savings — overlaps with Beem Wallet, Beem Card, and high-yield savings, but at a much larger scale.
• Cash App (Block): Cash App offers instant cash transfers, debit card, savings, and credit products to a similar mass-market US consumer base, competing with Beem for everyday financial app usage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/trybeemapp
• YouTubeyoutube.com/@trybeemapp
• Facebookfacebook.com/trybeemapp
• LinkedInlinkedin.com/company/trybeemapp
• Instagraminstagram.com/trybeemapp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beem