Tagged: unit

BaaS Fintech Unit Announces $100M Series C Led by Insight Partners, Valuing Business at $1.2B

Unit, the banking-as-a-service platform that empowers companies to embed financial services in their products, announced it has raised a $100 million in a Series C round “led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish… Read More

Stitch, a Fintech Focused on Financial Infrastructure, Acquires $21M via Series A

Stitch is building the financial infrastructure to support Africa’s Fintech industry. Stitch has raised $21 million via an investment round led by The Spruce House Partnership, along with contributions from PayPal Ventures, TrueLayer, firstminute capital, The Raba Partnership, CRE Venture Capital, Village Global, Zinal Growth… Read More

Banking as a Service: Unit Announces Service to Create Live Bank Accounts, Virtual Cards in Minutes

Unit, a Fintech that offers banking as a service, says it has released a new pilot environment that allows customers to issue virtual cards and create secure bank accounts in “minutes.” Labeling it a “first of a kind solution,” Unit claims that companies can build… Read More

BaaS Fintech Unit Says Financial Products Such as Credit Are Key Focus Area for 2022

Itai Damti, CEO at Unit, a financial services company that helps tech firms build financial features into their products (accounts, cards, payments, lending), notes that 2021 was a great year for Unit, thanks to their clients, team, partners, and investors. In the “demanding” day-to-day of… Read More

BaaS Fintech Unit Acquires $51M in Capital via Series B from Accel, Better Tomorrow Ventures, Others

After acquiring $51 million in capital through a Series B round led by Accel, Banking-as-a-Service (BaaS) provider Unit has introduced a product that will allow firms to offer live bank accounts and issue payment cards within minutes. Better Tomorrow Ventures, Aleph, Flourish Ventures, and TLV… Read More

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