back Back

Breef launches Breef(Pay), a BNPL for brands to pay agencies

By Delisha Fernandes

June 06, 2023

  • B2B BNPL
  • B2B Payments
  • Balance Sheet
Share

breefBreef has launched Breef(Pay), powered by Tranch, a payment infrastructure that allows brands to invest in agencies now and pay over time. Companies can find and finance agencies in a single location for the first time resulting in quicker project kick-offs, faster agency payments, and reduced impact on balance sheets.

Breef, which recently announced its Series A financing, has expanded its proprietary marketing product by investing in technology that allows brands to pre-qualify for additional budget.

Breef users can now pay on their terms for up to $500,000 in agency marketing spend over 2 to 12 months. By partnering with Tranch, a market-leading B2B flexible payments platform, Breef is an end-to-end “find and pay” agency growth platform.

Breef(Pay) provides the financial flexibility to prioritise marketing projects without jeopardising quality or spending. Brands no longer must compromise on strategic marketing and growth goals. Instead, businesses can spend more over time with multiple agency partners and be rewarded through a market-first initiative to regenerate budgets based on marketing success. For Breef’s agency community, this means more project opportunities and payment security.

“Today’s marketers need access to agency partners that help drive strong results,” said George Raptis, Co-Founder and CEO, Breef. “By eliminating concerns around upfront costs, Breef(Pay) removes the uncomfortable budget chat between marketer and CFO. We are modernising how companies approach and manage spend – encouraging them to grow now, pay later.”

“We are energised by what Breef is doing by bringing an entire market into one platform,” said Philip Kelvin, Co-Founder Tranch . “We understand the needs of businesses to be paid on time, and also give growing companies the flexibility to access additional marketing spend to pay on their terms without compromising growth objectives.”

Previous Article

June 05, 2023

Nets Finland launches Npay, new payment terminal for merchants

Read More
Next Article

June 06, 2023

Despite better banking oversight, fraud remains a real threat to the future

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

dLocal, Spreedly partner to boost payment access in APAC & Africa

Read More

Today

BharatPe UPI launches ‘Shield’ to safeguard digital transactions

Read More

Today

Fonepay launches Nepal’s first virtual credit card with Compass Plus Technologies

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More