Breeze

About Breeze

Breeze is a financial technology company that offers a comprehensive payment solution enabling merchants to manage both traditional card and cryptocurrency payments through a single API integration. Founded in 2022 by former Stripe software engineers Millie Yang (CEO) and Peng Du, the firm is headquartered in San Francisco, California, with a corporate presence in Singapore as well. The company's platform is designed to simplify payments infrastructure for businesses, from startups to large enterprises. Breeze participated in the Arc accelerator program in 2022 and has secured backing from notable investors, including Sequoia Capital, Multicoin Capital, and Mantis VC.

The core of Breeze's offering is its function as a Merchant of Record (MoR). This model allows Breeze to assume responsibility for various complexities associated with payment processing, including global tax collection and remittance, chargebacks, fraud liability, and regulatory compliance like AML. By handling these backend operations, the company enables its clients to focus on their primary business activities and scale more rapidly. The platform supports a wide array of payment methods, encompassing credit cards, digital wallets like Apple Pay and Google Pay, and a diverse range of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Beyond payment acceptance, the system also facilitates user payouts and withdrawals, providing an all-in-one transaction flow management solution.

Breeze's business model is structured to reduce overhead for its clients by consolidating payment stack management into one service. This appeals to businesses in sectors like gaming and mobile applications where managing a complex payments system can be a significant cost center. The company emphasizes ease of integration and provides direct support, including shared Slack channels with client teams, to ensure a smooth launch. As of early 2024, the company was in a pre-launch phase, offering priority access sign-ups via its landing page.