Beem

trybeem.com

If you are below the 80th income percentile, life has become unaffordable for you. In the US, this is most people earning less than $134K per year. For 99% of these folks, there is a mismatch of when funds arrive into their accounts and when they need it for everyday expenses. They often don’t have a credit card and definitely don’t have excess income to bridge the gap. In addition to this, life-critical services cost an unreachable $1,400 or more per month. Beem uses AI to bridge this mismatch and reduce costs for these services by 90%. Beem works for everyone, including immigrants, undocumented folks, gig workers, tip-based wage earners, seasonal earners, and more. In the grand scheme of things, Beem is folding a large segment of the informal economy into the formal economy by eliminating barriers and in turn delivering economic gains for the nation and people working in it. Beem plans to do this around the world; we are currently doing it in the US, and we will be doing it in India next, where $6T is stuck in the informal economy. If you want to talk to us, you can schedule time at https://calendly.com/beemfi.

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