Brigit

Brigit, a financial health app for cash advances and credit building

Brigit is a financial health app developed by Bridge It, Inc. (doing business as "Brigit"), a financial technology company that is not a bank. The platform brings together cash advance services, credit building, identity protection, and budgeting tools, and has more than 12 million users. The company's registration indicates that Brigit Credit Builder accounts are provided by Coastal Community Bank, Member FDIC.

Key products and services

Brigit's offering is organized into several products:

• Instant Cash: cash advances approved in minutes, with no credit check and no late fees. According to the published terms, amounts range from $25 to $500 depending on eligibility (in Maine, from $25 to $250), with an average advance of $73 between February 2018 and July 2025. Express Delivery is optional and may have a fee; most users receive it within 20 minutes.
• Credit Builder: lets you build credit while you save, with no approval, credit check, or upfront deposit. The company notes that not all users qualify and that the impact on scores may vary; results depend on factors such as on-time payment history and the status of other accounts.
• Finance Helper: offers full credit reports and tools to help you understand your credit situation. It includes identity theft protection of up to $1 million in the event of a data breach.
• Deals & Offers: within the app, you can discover jobs, side gigs, and exclusive savings on things like personal loans and car insurance.

Budgeting tools and alerts

The app includes features for day-to-day financial control: real-time alerts that show your bank balance, simple budgets to understand spending and earning trends, and tracking of savings achieved by avoiding overdrafts and late fees. In addition, Brigit predicts and notifies you if your balance won't cover upcoming expenses, so you can request an Instant Cash advance and avoid an overdraft. The company clarifies that these overdraft predictions are advisory in nature and do not guarantee whether an overdraft will or will not happen.

Subscription and terms

The service works with a monthly subscription that, as published, ranges from $8.99 to $15.99 and can be canceled at any time. Credit Builder requires a $15.99 monthly subscription. The service is not available in all states. The company states that it does not charge hidden fees or late fees.

Stated impact and origins

Brigit states that it has saved its members from overdraft fees since launch, with average annual savings per member, and has helped more than 12 million people move closer to financial security. The company presents itself as an alternative designed for those living paycheck to paycheck who don't have a $400 cushion for emergencies. Its founders, Zuben Mathews and Hamel Kothari, come from diverse backgrounds, and the team brings experience from Amazon, Deutsche Bank, Palantir, and Two Sigma, among other companies.

Security and privacy

The company states that it protects data with the same 256-bit encryption that banks use and that it does not sell personal information to third parties. Credit Builder accounts are provided by Coastal Community Bank, Member FDIC; Brigit is a financial technology company, not a bank, and FDIC insurance only covers the failure of an insured bank.

Regulatory identification

Bridge It, Inc. (DBA "Brigit") operates under NMLS ID 2429907. In Vermont, the site clarifies that this is only a loan request and that Brigit is not the lender; the information received is shared with third parties in connection with the loan inquiry.