NEW YORK--(BUSINESS WIRE)--Breef (breef.com) has launched Breef(Pay), powered by Tranch (tranch.com), an industry-first 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 — meaning 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 the world’s only end-to-end “find and pay” agency growth platform.
Breef(Pay) provides the financial flexibility to prioritize marketing projects without jeopardizing quality or spend. Brands no longer have to 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 modernizing how companies approach and manage spend – encouraging them to grow now, pay later.”
Breef(Pay) partner, Tranch, is heavily investing in the relationship.“We are energized by what Breef is doing by bringing an entire market into one platform,” said Tranch Co-Founder, Philip Kelvin. “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 on growth objectives.”
Home to 15,000 agencies, across 25 countries, Breef recently passed $100 million in project value created on the platform. Established companies like Heineken, Netflix, and Pantone, as well as emerging brands such as Byte and beverage company, Flying Embers, use Breef to find the best agencies for over 50 project types – and now companies are gaining an advantage over their competitors by transforming their marketing budgets through Breef(Pay).
To learn more about Breef and Breef(Pay) or get started on the platform, visit breef.com.
Founded in 2019 by Emily Bibb and George Raptis, Breef is redefining the future of work by taking the agency online. The company’s technology is the first of its kind to streamline the agency outsourcing process and facilitate high-value, high-growth projects. Breef’s proprietary platform allows brands to manage and service all agency projects, pitches, and payments, facilitating efficiencies within today’s distributed workforce. The platform hosts 15,000 vetted agencies, and tens of thousands of world-leading brands, and has passed $100 million in project value created on the platform. Breef operates from its headquarters in New York and Colorado.
Tranch is a B2B payments platform enabling services, software and marketing companies to be paid upfront and offer their customers flexible payment options up to 12 months.
By offering a Tranch payment method at checkout, providers are able to offer an alternative way for their end-customers to pay for invoices worth up to $500,000.
Tranch was founded in 2021 and is based out of New York and London with backing from investors including Clear Haven Capital Management, Global Founders Capital, Y Combinator, Soma Capital, FoundersX.