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Breez

Breez is realizing the future of bitcoin by opening the world of peer-to-peer payments to people and apps. Breez is a full-service, non-custodial Lightning client.

Funding Round: $4.5 Million

Docs: https://doc.breez.technology/

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Overview

Project industryFinance Services & Banking
Product typeTechnology

What is Breez

Breez is a full-service, non-custodial Lightning client. Let’s break that down:

  • Lightning is a bitcoin payment network that reduces transaction times from minutes to milliseconds and transaction fees from several dollars to a few cents or less. Lightning turns bitcoin from digital gold into digital currency while preserving all of the benefits that make bitcoin great.
  • Non-custodial means that Breez doesn’t take possession of users’ money. Many Lightning clients do take possession of their users’ money. They’re basically bitcoin banks. With a non-custodial app like Breez, all users are their own banks. Breez uses a forked version of lnd and Neutrino. The Breez app actually runs a full Lightning node under the hood. Advanced users can interact with the underlying Lightning node by invoking lncli commands in the Preferences> Developers screen.
  • Full-service means that Breez takes care of almost all the technical operations automatically and in the background. Things like channel creation, inbound liquidity, and routing stay under the hood.

Breez includes a Point-of-Sale mode, which transforms the app from a Lightning wallet into a Lightning cash register with the slide of a finger, allowing everyone to become a merchant and accept Lightning payments. It also includes a next-generation podcast player, allowing users to stream sats to their favorite content creators.

Details

Raised: 4,500,000 USD

Legal

Registration year: 2018

Project team

Roy Sheinfeld
Roy Sheinfeld
Co-Founder and CEO
Roy Sheinfeld linkedin
Yaacov Akiba Slama
Yaacov Akiba Slama
Co-Founder
Yaacov Akiba Slama linkedin
Ruben Beck
Ruben Beck
Software Developer
Ruben Beck linkedin
Erdem Yerebasmaz
Erdem Yerebasmaz
UI Lead
Erdem Yerebasmaz linkedin
Roei Erez
Roei Erez
Co-founder & VP R&D
Roei Erez linkedin
Jesse de Wit
Jesse de Wit
Developer
Jesse de Wit linkedin
Ademar Alves de Oliveira
Ademar Alves de Oliveira
Mobile Engineer
Ademar Alves de Oliveira linkedin

Social media

Breez web-siteBreez MediumBreez TelegramBreez LinkedInBreez X (Twitter)Breez Github

MVP

App storeGoogle Play

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