Beem

Beem

Helps working-class Americans get Cash Now Pay Later and other tools to live life uninterrupted. Learn more

Financials

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Revenues, earnings & profits over time
USD2020202120222023
Revenues<1m1.4m4.3m17.8m
% growth-228 %209 %314 %
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Recent News about Beem

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Useline.com is a financial technology startup that offers an innovative solution to short-term cash flow problems. The company operates in the financial services market, specifically targeting individuals who need instant access to cash. Its primary product is the Beem app, a cash advance application that uses artificial intelligence to provide users with instant access to cash advances ranging from $5 to $1000.

The company's business model is centered around providing a convenient and affordable alternative to traditional cash advance services. Unlike most cash advance services, Beem does not charge interest, require income verification, or perform credit checks. Instead, it allows users to withdraw a portion of their verified bank deposits early, with no set due dates for repayment. This makes it an attractive option for individuals facing unexpected expenses or those who simply need a little extra cash before their next paycheck.

Useline.com serves a broad range of clients, but it primarily caters to individuals who are in need of immediate financial assistance. The company has already gained a significant user base, with over 1 million Americans reportedly using the app. Users praise the app for its convenience, affordability, and additional features such as credit check and ID protection.

The company generates revenue through a freemium model, where basic services are provided for free, while premium features are available for a fee. The company also benefits from partnerships with banks and other financial institutions.

In conclusion, Useline.com is a fintech startup that provides an innovative and user-friendly solution to short-term cash flow problems. Its Beem app offers instant cash advances without the usual restrictions and fees associated with traditional cash advance services, making it a popular choice among individuals in need of quick cash.

Keywords: Fintech, Cash Advance, Artificial Intelligence, No Interest, No Credit Checks, Instant Cash, Financial Assistance, User-friendly, Freemium Model, Bank Partnerships.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.