Tagged: unit

August 13, 2024 @ 4:11 am By Omar Faridi  |  

Unit, the financial infrastructure platform that powers embedded finance, announced a strategic partnership with Lincoln Savings Bank (LSB). This collaboration will power LSB to expand its embedded finance offerings and “further cement its reputation as an innovative financial institution.” Founded in 1902, Lincoln Savings Bank… Read More

August 11, 2022 @ 12:47 pm By Omar Faridi  |  

Unit, the banking-as-a-service platform that empowers companies to embed financial services into their products, announced a partnership with Thread Bank, a digital-first bank based in Rogersville, Tennessee. Companies will now be able to “embed a complete set of banking services into their products—including accounts, cards,… Read More

May 20, 2022 @ 7:14 pm By Omar Faridi  |  

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

February 15, 2022 @ 9:35 am By Omar Faridi  |  

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

January 20, 2022 @ 9:22 am By JD Alois  |  

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

January 8, 2022 @ 12:51 pm By Omar Faridi  |  

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

June 20, 2021 @ 8:45 pm By Omar Faridi  |  

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