Unit Finance, Inc.
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Unit Finance, Inc. - overview
Established
2019
Location
New York, NY, US
Primary Industry
Software
About
Based in New York, US, and founded in 2019 by its CEO, Itai Damti, and CTO, Doron Somech, Unit Finance, Inc. operates as a financial technology company that enables businesses to offer embedded banking and lending solutions. In May 2022, Unit Finance, Inc. raised USD 100 million in series C funding led by Insight Partners, with participation from Accel, Better Tomorrow Ventures, and Flourish Ventures.
Unit Finance, Inc. provides a banking-as-a-service platform that offers a comprehensive suite of financial services, including accounts, cards, payments, and lending. It streamlines the processes of know your customer (KYC), know your business (KYB), anti-money laundering (AML), fraud detection, and application reviews, ensuring compliance and efficient onboarding. Additionally, the company's activity stream and statement UIs allow its users to monitor and manage all customer accounts, cards, transactions, and activities, as well as track, customize user permissions, and ensure the security of data through single sign-on authentication.
The company's client base includes Homebase, Toolbox, Relay, and Every.
Current Investors
TLV Partners, Better Tomorrow Ventures, Aleph
Primary Industry
Software
Sub Industries
Accounting Services, Consumer Finance, e-Financial, Accounting/Finance Software, Application Integration Software
Website
www.unit.co
Verticals
FinTech, FinTech, FinTech, RegTech
Company Stage
Series C
Total Amount Raised
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