Press.
Sunbit Announces $26M in Funding Round Led by Zeev Ventures
Sunbit, a financial technology company that effectively transforms the process of financing in-store purchases for consumers across the credit spectrum, today announced a $26 million Series B round of equity funding, led by Zeev Ventures. Zeev Ventures Founding Partner, Oren Zeev, known for investments in Audible, Houzz, Chegg, TripActions, Tipalti and others, led the round, with participation from prior investors Group 11 (formerly SGVC), Chicago Ventures and other existing investors. The investment will be used to accelerate adoption of Sunbit across a wide range of retail markets, such as automotive service drives, dental, eyewear and veterinary services.
To view the original article, click the link.
Related Posts
Sunbit Expands into F&I Products for Consumer Affordability
Auto, Press
Sunbit Expands into F&I Products for Consumer Affordability
Auto Finance News Consumers can nance up to $8K in F&I products Buy-now, pay-later fintech Sunbit is expanding its dealer (...)
TruVideo Integrates with Sunbit to Bring Auto Service Customers Access to Pay over Time Option
Auto, Press
TruVideo Integrates with Sunbit to Bring Auto Service Customers Access to Pay over Time Option
BOSTON, May 31, 2023 /PRNewswire/ — TruVideo, a leader in video communication and Artificial Intelligence (AI) for the Automotive and Transportation sector, is proud (...)
Consumers Offered Affordable Financing for F&I Products
Auto, Press
Consumers Offered Affordable Financing for F&I Products
Wards Auto Sunbit reports a 30-second application process and 90%-plus approval results. The finance and insurance department is a key (...)
