Sunbit

4 results about this entity

Period: 13 Jun 2019 - 06 Aug 2025

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BNPL outfit Sunbit closes $200m ABS transaction

Sunbit, the company building financial technology for real life, today announced the successful completion of its inaugural asset-backed securitization (ABS), a $200 million notes offering that achieved a AA rating for the senior tranche and priced at an all-in fixed yield of 5.713%.

/payments

Sunbit issues credit card

Sunbit, the company building financial technology for everyday expenses, announced that it has expanded beyond point-of-sale lending with the introduction of a new, next-generation credit card.

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Sunbit secures unicorn status with a $130M Series D round and $1.1B valuation

Sunbit, the preferred buy now, pay later (BNPL) technology for everyday needs and services, today announced a $130 million series D round of funding.

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POS financing startup Sunbit raises $26 million

Sunbit, a leading 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.

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