Consent Order Regarding Bridge IT, Inc. d/b/a Brigit

IN THE MATTER OF:
BRIDGE IT, INC. d/b/a BRIGIT CONSENT ORDER
NMLS # 2429907
(“Brigit”)
WHEREAS, the Banking Commissioner (“Commissioner”) is charged with the administration of
Part III of Chapter 668, Sections 36a-555 to 36a-573, inclusive, of the Connecticut General Statutes,
“Small Loan Lending and Related Activities,” as amended, and the regulations promulgated thereunder, Sections 36a-570-1 to 36a-570-17, inclusive, of the Regulations of Connecticut State Agencies; WHEREAS, Brigit is a Delaware corporation with an office located at 36 W. 20th St., Floor 11, New York, New York; WHEREAS, Brigit has never been licensed as a small loan company in Connecticut; WHEREAS, on September 13, 2025, Brigit applied for a small loan company license in Connecticut through the Nationwide Multistate Licensing System and Registry (“NMLS”), which application is currently pending; WHEREAS, Brigit lists consumer loan servicing and direct to consumer earned wage access (EWA) as business activities in which it engages in this state; WHEREAS, pursuant to Section 36a-556(a) of the Connecticut General Statutes, in effect at such time, no person shall make a small loan to a Connecticut borrower or receive payments of principal or interest from a borrower in connection with a small loan; WHEREAS, Section 1 of Public Act 23-126, effective since October 1, 2023, defined certain charges in connection with a small loan as finance charges and thereby required certain providers of