Beem

Beem is an AI-first fintech platform and Public Benefit Corporation founded in 2020 by Akshay Krishnaiah, a former eBay and PayPal executive with 75 fintech patent publications. The platform serves the bottom 80% of the US working population — approximately 100 million people — who are historically underserved by traditional financial institutions. Beem offers a Smart Wallet app providing interest-free cash advances, FDIC-insured accounts, credit-building tools, and AI-powered risk assessment without requiring credit checks or income restrictions. The company has disbursed over $65 million since its launch in September 2021, accumulated over 1.5 million registered users, and achieved profitability by the end of fiscal year 2022. Its proprietary AI model uses reinforcement learning across underwriting, collections, fraud detection, and customer acquisition, achieving a near-100% recovery rate. Beem is recognized as one of the world's top 25 fintech companies.