Press.

Sunbit: Attracts $26M Funding

fintech InShorts logo

Sunbit: Will target a range of new retail markets following a $26 million Series B equity funding round

  • The round was led by Oren Zeev, founding partner of Zeev Ventures
  • Sunbit was launched to disrupt the process of financing in-store purchases for customers
  • Sunbit will use the new funds which brings the total raised to date to $54 million
  • Consumers can apply with just a state-issued ID, a phone number and an email address
  • Sunbit offers credit of up to $5,000, to be repaid in three, six or 12 installments
  • The technology is offered in over 1,500 retail operations across 40 US states

To read the original article on FinTech InShorts click this link.

Related Posts

Veterinary, Auto, Eyewear, Retail, Press, Technology, Motorsports, Dental
Sunbit surpasses 100,000 service professionals certified to offer its point-of-sale lending technology
Sunbit’s technology is used by more than 17,000 service providers including auto service and repair centers and dental practices LOS (...)
Press, Dental
Sunbit is the modern patient financing tool of choice for dentists
500+ practices adopting Sunbit technology per month; national partnerships multiplying across ecosystem LOS ANGELES (PRWEB) NOVEMBER 28, 2022 Sunbit, the company (...)
Press
Sunbit Announces James Paris has Joined as Chief Capital Officer
Paris Brings Deep Domain Experience in Finance, Risk and Operations LOS ANGELES (PRWEB) NOVEMBER 17, 2022 Sunbit, the company building financial (...)